Nigeria Law Enforcement Nab Politician Who Laundered Funds Stolen From Crypto Exchange

Nigerian instrumentality enforcement precocious arrested a person who is accused of laundering integer funds that were stolen from Patricia Technologies successful May. CEO Hanu Fejiro praised the politician’s apprehension and said the recovered funds volition “go a agelong mode to soothe Patricia users.”

The Politician’s Involvement successful a Complex Crime

The Nigerian constabulary person arrested a person who is accused of seeking to launder integer assets that were stolen from the crypto speech level Patricia Technologies earlier this year. According to the police, Wilfred Bonse had fraudulently transferred much than $60,000 from the $750,000 successful stolen funds to his slope account.

As reported by Bitcoin.com News successful May, Patricia mislaid integer assets worthy much than $2 cardinal aft hackers breached its platform. The theft near the crypto level with a fiscal spread which forced Patricia to question funds to refund affected users.

In his remarks aft announcing the politician’s arrest, Prince Olumuyiwa Adejobi, the spokesperson for the Nigerian police, said:

Having registered his engagement successful the analyzable crime. Wilfred Bonse, conspired successful laundering the sum of Fifty Million Naira (N50,000,000) originating from the fraudulent diversion of Six Hundred and Seven Million Naira (N607,000,000) from Patricia Technology company’s relationship to his slope relationship done a cryptocurrency wallet.

The spokesperson, however, said investigations are inactive ongoing and vowed to bring those down the hacking to justice.

IMPORTANT UPDATE

Thank you to the men and women of the NPF-NCCC.

More updates to travel soon. #patriciatechnologies https://t.co/qSHGjZ3EsQ

— Patricia (@PatriciaSwitch) November 24, 2023

In a station connected X (formerly Twitter), Patricia praised Nigerian instrumentality enforcement agencies down Bonse’s arrest. The CEO Hanu Fejiro said the recovered funds volition “go a agelong mode to soothe Patricia users.”

Meanwhile, the confirmation of Bonse’s apprehension arsenic good arsenic the betterment of portion of the funds came conscionable a fewer days aft Patricia said it had commenced refunding the archetypal batch of users.

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