Recents events don cause users to doubt the credibility of the crypto exchange way them dey call Patricia. This wahala start from May 2023, when users come discover say them no fit withdraw money from the exchange. After much kasala for internet, na so Patricia come out come talk say them hack them. According to the CEO, then lose over $2million to the hack. Some people nor buy this story, them believe say nothing like hack happen. Na just the way the exchange won take do exit scam be that.
Even with all the story way we dey hear for internet, the CEO still dey reassure their users say the exchange go refund everybody their money back. So imagine the surprise when them come up with Patricia Token as repayment of the lost funds. This thing no just make sense at all. Which day Patricia Token won take get value? The whole thing just be like daylight robbery. Na say young entrepreneurs no dey fit manage large funds and companies? We see the same problem with FTX where company go dey bankrupt and the CEOs go still dey chop life with people money.
Just yesterday, e come be like say people darkest fear don come true as this tweet go viral about Patricia closing down.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FH7Tfw0m%2F699e7a81-bbc8-4bf8-8f47-c96e9361fb8c.jpg&t=663&c=Y8ZCl8vbuquCAw)
Patricia don respond today to the allegations, them dey claim say na fake news and that they don come to stay.
Fejiro Hanu, the CEO of Nigerian crypto exchange Patricia, has denied rumors of its closure, calling them a media ploy for clicks and confirming that the exchange is still operating.
https://www.tradingview.com/news/cointelegraph:522f1cb47094b:0-nigeria-s-patricia-exchange-ceo-refutes-closure-rumors/With all this things wey don happen, you go fit trust local exchanges? And wetin this one mean for other exchanges wey dey come up?