Wiwo
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June 30, 2023, 06:08:38 PM |
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The Nigerian government or bank will not intervene, and no one will be arrested over crypto hack or not as far as Nigeria is concerned. I can't tell if Patricia rugpull like most of the trading platforms out there, but what I can tell you is that whoever gets into crypto scam, lost valuable crypto assets does so at his own risk, the Nigerian government has banned crypto trading activities and is not going to engage in it, so everyone who is into crypto in Nigeria does so at their own risk.
Because the government is supporting something does not mean customers assets are safe on a platform, we should always be careful not to lose our money even if government are in favour of crypto. Second, Nigeria government did not ban crypto trading activities. Nigeria's government are still mute to anything related to crypto. Charles the thing is that if government support a cryptocurrency exchange that means that the exchange will have a license from the Nigeria sec to operate the crypto exchange as a subsidiary within Nigeria and be fully taxed just with some form of insurance covers for those coins and assets that are traded on the exchange and if anything happens with the exchange, the insurance should be able to cover for loses of customers assets. But at the moment no cryptocurrency exchange within Nigeria have such status and at that whatever happens to customers' coins on those exchange is none of the government's business, unless the coin owners pick up a personal case against the exchange and the possibility of getting justice for such case is still minimal since the government through the central bank already warn citizens against cryptocurrency trading and it risk associated with dealing with unknown cryptocurrency exchange or other crypto investments.
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Charles-Tim (OP)
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July 01, 2023, 08:20:07 AM |
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Charles the thing is that if government support a cryptocurrency exchange that means that the exchange will have a license from the Nigeria sec to operate the crypto exchange as a subsidiary within Nigeria and be fully taxed just with some form of insurance covers for those coins and assets that are traded on the exchange and if anything happens with the exchange, the insurance should be able to cover for loses of customers assets.
But at the moment no cryptocurrency exchange within Nigeria have such status and at that whatever happens to customers' coins on those exchange is none of the government's business, unless the coin owners pick up a personal case against the exchange and the possibility of getting justice for such case is still minimal since the government through the central bank already warn citizens against cryptocurrency trading and it risk associated with dealing with unknown cryptocurrency exchange or other crypto investments.
Patricia is registered in Nigeria. Agbodje sits atop a multi-billion naira company known as Patricia but registered with Corporate Affairs Commission (C.A.C) as Patricia Technologies Limited, an e-Commerce company that processed over N10 billion in transaction volume in 2019 alone after having been in the business in just two years. But if you have a valid evidence that the company is not registered in Nigeria, you can bring proof. Do not think that there is anything like insurance unless the platform stated it on their terms of service, be it registered or not.
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Odohu
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July 01, 2023, 12:09:16 PM |
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I hope you know what Patricia is? A platform located in Nigeria that you can trade bitcoin, few other cryptocurrencies and gift cards. But I think it offers more, which you can see in the image below: This is another example of not your key not your coin. Withdrawal as been suspended on Patricia indefinitely. https://twitter.com/PatriciaSwitch/status/1662049215772516352?t=BTNf10Oo158vorot9LlNsw&s=19If you do not trade, move your coins out of any exchange to a reputed noncustodial wallet. Cold wallets which are safer are recommended. I have opened account on Patricia before, not that good for trading as only few coins are listed and not supporting derivatives market. I am surprised that some people still trade and leave their coins and naira on Patricia. I got to know about this Patricia during the BigBrother 9ja 2020 and 2021 seasons which they sponsored. They recorded over 13,000 signups within 12 hour when their first ads dropped in the BBNaija session. It is such a shame that such a promising company will end up this way. This is a very big blow to Nigerian startups.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Coyster
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July 01, 2023, 10:06:55 PM |
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I got to know about this Patricia during the BigBrother 9ja 2020 and 2021 seasons which they sponsored. They recorded over 13,000 signups within 12 hour when their first ads dropped in the BBNaija session. It is such a shame that such a promising company will end up this way. This is a very big blow to Nigerian startups.
Wetin you gats know be say wetin happen to Patricia fit happen to any exchange (that's why you no suppose leave your money for there), dem don even hack Binance before, wetin matter na the extent of the loss wey the exchange incur and how them handle the issue, if them no too incur loss them go fit solve the matter, settle their customers and continue to dey run their business, but if the breach cause dem better loss, that one go be the end of the exchage. Having said that, from the emails wey OP dey post e be like say Patricia go solve this issue and come back to business, but make we dey watch wetin go happen sha.
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cytpoway121
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August 21, 2023, 08:39:18 PM |
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I hope you know what Patricia is? A platform located in Nigeria that you can trade bitcoin, few other cryptocurrencies and gift cards. But I think it offers more, which you can see in the image below:
This is another example of not your key not your coin. Withdrawal as been suspended on Patricia indefinitely.
If you do not trade, move your coins out of any exchange to a reputed noncustodial wallet. Cold wallets which are safer are recommended. I have opened account on Patricia before, not that good for trading as only few coins are listed and not supporting derivatives market. I am surprised that some people still trade and leave their coins and naira on Patricia.
Till today, i remain perplexed and surprised at what happened with Patricia and the silence from nigeria sec and efcc offices. Patricia has been in financial troubles since year 2021; yet they been de fund BBN and offer juicy offers consolidating the loss; while their ceo invested in tesla ride. It is true that Not your keys, not your funds, it is also true that Patricia is registered in Nigeria SEC and should be brought to book. In addition, Eyowo Microfinance Bank and Patricia Switch (same affiliations) both defrauded Nigeria and further raised concerns about bitcoin operations in the country to the already negative SEC guys I have come back to these post because when i mentioned; alot of people do not believe that Patricia could scam. Patricia has announced a compensation plan for its victim (individuals who kept btc or funds in their platform); they will not be compensated in their assets; but they will be compensated with an imaginary token; with a patricia token pegged to an imaginary 1$ price. Once again, i wonder what the job of the Nigeria sec guys is; if they let patricia escape with their scamming tactics. What do you say ? Believe the patricia imaginary token ?
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Nwada001
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August 21, 2023, 11:33:23 PM |
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I have come back to these post because when i mentioned; alot of people do not believe that Patricia could scam. Patricia has announced a compensation plan for its victim (individuals who kept btc or funds in their platform); they will not be compensated in their assets; but they will be compensated with an imaginary token; with a patricia token pegged to an imaginary 1$ price.
Once again, i wonder what the job of the Nigeria sec guys is; if they let patricia escape with their scamming tactics. What do you say ? Believe the patricia imaginary token ?
This is not about what one believes again; this is about asking the question, Can this imaginary token be exchanged? Because giving someone a bunch of tokens that cannot be traded anywhere is as good as not even trying to compensate them at all. What is the Nigerian SEC going to do about this? Has anyone made it necessary to report this case over to them first? And with the hack that happened on Patricia, was there any further investigation to confirm if it was just an inside job or if the exchange was truly hacked? Because if the exchange was truly hacked, one will have to go back to their TOS and confirm if there was anything mentioned there in regards to a refund if something of that nature happens. Can you drop any source link in regards to said Patricia token, as a lot of people might want to get the whole gist, including me..
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Charles-Tim (OP)
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August 22, 2023, 12:13:33 AM Last edit: August 22, 2023, 04:34:23 PM by Charles-Tim |
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I have come back to these post because when i mentioned; alot of people do not believe that Patricia could scam. Patricia has announced a compensation plan for its victim (individuals who kept btc or funds in their platform); they will not be compensated in their assets; but they will be compensated with an imaginary token; with a patricia token pegged to an imaginary 1$ price.
Once again, i wonder what the job of the Nigeria sec guys is; if they let patricia escape with their scamming tactics. What do you say ? Believe the patricia imaginary token ?
I just do not want to keep updating what is not necessary because what I am expecting is an email regarding Patricia to have credited the affected users, which would be in accordance to what they said in the past, but this was the email I saw few days ago, on 11th of August: Title: We are reopening withdrawals soon
Hey Chief,
I’m glad to say TGIF!
I know you have been anticipating this week’s updates with pumping hearts. Chief, I’ve got great news for you today, and I'm super excited to share it.
Afrobeat singer Rema chorused, “everyday na holiday”, but here at Patricia, everyday na work as we have been pushing round the clock to ensure we are right back at your service. Get your drinks, grab a seat, and let’s ride into this week’s updates.
Big Win
It is my pleasure to inform you, Chief, that we have secured a couple of investors with the notable one being Nigeria’s renowned investor, Oluwaseun Dania, who has partnered with us through a significant investment. Mr. Oluwaseun is the CEO of Tradefada, one of Nigeria’s foremost crypto exchanges.
What does this mean? We are solidifying our leading role in Africa’s ever-evolving crypto landscape through powerful collaborations, partnerships, and investments from allies worldwide.
This investment, and more, shows how confident investors are in our vision and commitment to innovation and excellence and will help us bolster operations and build more innovative solutions for you.
On your mark, get set… Speaking of solutions, we are re-opening the Patricia App for withdrawals soon. Did I hear you scream YESSSS? It has been an adventure over the last few weeks, and we are grateful for your staying with us all along.
Rest assured that you will get consistent updates via our established channels as we get closer to re-opening withdrawals. We only do transparency here☺️
So get set, cos we’re heading back to the moon! There is nothing special at all, but let us see what would later happen other than their fake token. What is the Nigerian SEC going to do about this? Has anyone made it necessary to report this case over to them first? And with the hack that happened on Patricia, was there any further investigation to confirm if it was just an inside job or if the exchange was truly hacked? Because if the exchange was truly hacked, one will have to go back to their TOS and confirm if there was anything mentioned there in regards to a refund if something of that nature happens.
an you drop any source link in regards to said Patricia token, as a lot of people might want to get the whole gist, including me..
SEC and other regulatory bodies are mute about this. Read this about the token: https://innovation-village.com/crypto-exchange-firm-patricia-converts-customers-balances-to-native-tokens-without-customers-consent/Especially, this: https://techpoint.africa/2023/08/19/patricia-token/The token is pegged with USD. Patricia token is not available on any blockchain, not available on any exchange than Patricia. In its announcement on X, Patricia said outstanding balances will be converted to PTK. This was done without customer consent and many fear that they might not be able to exchange the token for fiat currency or other cryptocurrencies like bitcoin.
If customers can withdraw funds, a withdrawal surge will cause PTK to de-peg leaving customers who were unable to make withdrawals stranded.
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sokani
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August 22, 2023, 02:06:33 PM |
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I have come back to these post because when i mentioned; alot of people do not believe that Patricia could scam. Patricia has announced a compensation plan for its victim (individuals who kept btc or funds in their platform); they will not be compensated in their assets; but they will be compensated with an imaginary token; with a patricia token pegged to an imaginary 1$ price.
Once again, i wonder what the job of the Nigeria sec guys is; if they let patricia escape with their scamming tactics. What do you say ? Believe the patricia imaginary token ?
I believe say di one na lesson to people wey dey new to di crypto space and also people wey dey keep their asset for CEX. For dem to look for a way to repay di affected customers and see if dem fit redeem their reputation small, di best thoughts wey dem fit think of na to covert all customers assets to Patricia token without their consent. I kno no di terms of agreement wey di users bin accept wen signing up on Patricia but dis new development na something wey bi say dem fit file a lawsuit against Patricia. Nigerian SEC too just dey fold their arms dey watch, make dem hold dis people accountable for their actions like their counterparts dey do for oda nations.
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DaNNy001
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August 22, 2023, 08:31:44 PM |
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I have come back to these post because when i mentioned; alot of people do not believe that Patricia could scam. Patricia has announced a compensation plan for its victim (individuals who kept btc or funds in their platform); they will not be compensated in their assets; but they will be compensated with an imaginary token; with a patricia token pegged to an imaginary 1$ price.
Once again, i wonder what the job of the Nigeria sec guys is; if they let patricia escape with their scamming tactics. What do you say ? Believe the patricia imaginary token ?
I believe say di one na lesson to people wey dey new to di crypto space and also people wey dey keep their asset for CEX. For dem to look for a way to repay di affected customers and see if dem fit redeem their reputation small, di best thoughts wey dem fit think of na to covert all customers assets to Patricia token without their consent. I kno no di terms of agreement wey di users bin accept wen signing up on Patricia but dis new development na something wey bi say dem fit file a lawsuit against Patricia. Nigerian SEC too just dey fold their arms dey watch, make dem hold dis people accountable for their actions like their counterparts dey do for oda nations. No be small my broda this Patricia exchange needs to be held accountable for their wrong doings in inconveniencing all their customers because na very big fraud wey dem do just imagine the massive amount of crypto wey people go don lose for the ignorant people wey dey even dey use CEX as a storage wallet for their coins as for me I only dey use exchanges for the only purpose which it's meant for which is to sell and buy and then move my coins out because since it's control by someone, there is highly every possiblity that something will definitely occur to your coins.
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Makus
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 22, 2023, 10:38:13 PM |
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I believe say di one na lesson to people wey dey new to di crypto space and also people wey dey keep their asset for CEX. For dem to look for a way to repay di affected customers and see if dem fit redeem their reputation small, di best thoughts wey dem fit think of na to covert all customers assets to Patricia token without their consent. I kno no di terms of agreement wey di users bin accept wen signing up on Patricia but dis new development na something wey bi say dem fit file a lawsuit against Patricia. Nigerian SEC too just dey fold their arms dey watch, make dem hold dis people accountable for their actions like their counterparts dey do for oda nations.
No be small my broda this Patricia exchange needs to be held accountable for their wrong doings in inconveniencing all their customers because na very big fraud wey dem do just imagine the massive amount of crypto wey people go don lose for the ignorant people wey dey even dey use CEX as a storage wallet for their coins as for me I only dey use exchanges for the only purpose which it's meant for which is to sell and buy and then move my coins out because since it's control by someone, there is highly every possiblity that something will definitely occur to your coins. No be small thing oo my brother, as this one don happen like this I believe say na strong lesson for every Nigeria, say make we no dey keep asset for exchange, use dem for the name purpose alone, I just dey imaging wattin the victims dem pass through like this, since April wen dem stop their withdrawal now for August dem dey tell dem say dem don convert their coin to Patricia token. That na very nonsense format wey dem bring come, because dem nor go fit tell me say after dem get security breach na to create native token nai dem fit think of. My advice to any of their victim na be say, make dem come together sue the company to court, if at all something go burst out.
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Dr.Bitcoin_Strange
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 23, 2023, 07:50:11 AM |
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From suspension of withdrawals to we are sorry our exchange has been hacked ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . LOL, that's usually how the story goes with some of these trading platforms, but I am not surprised that some users will lose their Bitcoin or naira because I guess they have really put trust in that exchange before they were able to leave their asset in it. The reason being that the exchange has been in operation since 2017, they have gained much more customers since then, and they have also won the trust of a lot of people. Users of Patricia in Nigeria believe it's a very reputable exchange, so they can trust their assets with it, and the truth is that a lot of users who are not in this forum would be victims of that hack because I believe some people outside the forum are not yet aware of the 'not your key, not your coin." So, I also advise that those in Nigeria should create awareness about "not your key, not your coin.
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Charles-Tim (OP)
Legendary
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Leading Crypto Sports Betting & Casino Platform
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September 04, 2023, 01:16:46 PM |
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This email is not from Patricia directly, but from another source, likely the CEO who is also the founder, Fejiro Hanu Agbodje. A Message from Hanu, CEO/Founder of Patricia.Hello Chief, I hope this email finds you well. I understand that there has been some confusion and concerns regarding the recent announcement of Patricia Token. I am here to address those concerns and provide you with a clear understanding of our commitment to you. Firstly, let me assure you that Patricia Token is not a stable coin; it is a debt token designed to assist our valued customers in managing their debts effectively. I am fully dedicated to ensuring transparency and security in every step of this process. Your assets are of utmost importance to us. Rest assured that every customer's funds will be accounted for on a 1:1 basis, pegged to the stable coin USDT. The concept of debt tokens is not new. As a matter of fact, Bitfinex first introduced this approach when it faced a similar challenge. Over an 11-month period, they successfully repaid all debt tokens to their users. We will overcome it too. Below are a few important reads for your convenience: Patricia Token White PaperFAQ Video and Document on Patricia TokenBitfinex's Example in ActionI value your trust and support on this journey and sincerely apologize for any inconvenience caused. My commitment to transparency, security, and your best interests remains unwavering. If you have any questions or concerns, please don't hesitate to reach out to us. Thank you for being a part of the Patricia community I do not know what they are trying to do, but he said Patricia token is not a stable coin but pegged 1:1 to a dollar. I do not know about how Bitfinix was able to compensate their customers, so I do not know where Patricia is driving to.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Igebotz
Moderator
Legendary
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The Naija & Stake Sherrif 📛
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September 04, 2023, 02:40:29 PM |
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This email is not from Patricia directly, but from another source, likely the CEO who is also the founder, Fejiro Hanu Agbodje. <cut> I do not know what they are trying to do, but he said Patricia token is not a stable coin but pegged 1:1 to a dollar. I do not know about how Bitfinix was able to compensate their customers, so I do not know where Patricia is driving to.
Do people still believe Patricia's dishonest activity? African crypto setups are worse, as they will learn the hard way. Claim to have been hacked, stopped withdrawals, and issued a fraudulent token claiming 1PT = $1 and converting all customers available balance to PT, claiming it's a stablecoin pegged to USDT. After being called out on their fraudulent token, they claim that PT isn't a stablecoin but is pegged to the value of the dollar. Who are they deserving? Stole $2m customer funds. African cryto startup are not ready- stop investing in them. All scam
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..stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
[center][table][tr][td][url=https://stake.com/?c=Igebotz][font=Arial black][size=24pt][glow=#0f212e,2][color=transparent][size=8pt].[/size].[size=9pt][sup][size=16pt][color=#fff]Stake.com[/size][/sup][/size].[size=8pt].[/td] [td][/td][td][/td] [td][size=2pt][tt] [color=#2d4454]▄████████████████████████████████████▄ [glow=#fff,2]██ [color=#ccc]▄▄▄▄▄▄▄▄▄▄[/color] [color=#ccc]▄▄▄▄▄▄▄▄▄▄[/color] ██[/glow] [color=#ed5564]▄████▄[/color] [glow=#fff,2]██ [color=#ccc]▀▀▀▀▀▀▀▀▀▀[/color] [color=#0c79ed]██████████[/color] [color=#ccc]▀▀▀▀▀▀▀▀▀▀[/color] ██[/glow] [color=#ed5564]██████[/color] [glow=#fff,2]██ [color=#0c79ed]██████████ ██ ██ ██████████[/color] ██[/glow] [color=#ed5564]▀██▀[/color] [glow=#fff,2]██ [color=#0c79ed]██ ██ ██████ ██ ██ ██[/color] ██[/glow] [color=#ccc]██[/color] [glow=#fff,2]██ [color=#0c79ed]██████ ██ █████ ███ ██████ ██[/color] ██[/glow][color=#ccc]██▄ ██[/color] [glow=#fff,2]██ [color=#0c79ed]█████ ███ ████ ███
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nelson4lov
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 15, 2023, 05:24:56 PM |
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~Snipped
I do not know what they are trying to do, but he said Patricia token is not a stable coin but pegged 1:1 to a dollar. I do not know about how Bitfinix was able to compensate their customers, so I do not know where Patricia is driving to.
Bitfinix issued BFX tokens to its users that were affected by the 2016 hack and those tokens were referred to as "debt token". The exchange kept operating as normal and made profits, part of it was used to buyback tokens at $1 face value. They did this continously till they effectively bought back all the debt tokens from affected users. Patricia wants to do the same but being very sketchy about it. I aldo think they'll poorly execute it considering the fact that the same management that ran the company into debt is the same management making these huge promises.
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Charles-Tim (OP)
Legendary
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Leading Crypto Sports Betting & Casino Platform
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 23, 2023, 08:35:06 AM |
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This was three days ago, sorry that I am lazy to update this in time. It was about important updates on reopening and payment procedures for Patricia customers. Hello Patricians, Relaunch and repayment begins today! We are glad to announce that we are reopening the Patricia App today. We cannot but say a big thank you for holding on, for supporting us; your patience, your trust and collaboration have fueled our journey, and has made our commitment to you stronger than ever. As we reopen our app, many questions may arise. I appreciate those who participated in our recent town hall meeting, sharing valuable questions and feedback. Today, we aim to provide essential information regarding the reopening, payment process, and all the details you need to know. Payment Process Overview 1. Conversion of Assets: Affected assets, as previously announced, will be converted to PUTX. The Debt token pegged at 1$ to 1 PUTX, will be converted based on the operations' pause rate on April 29th, 2023. Converted assets will be deposited in Naira to customers' primary bank accounts for transparency and collaboration with audit and financial partners. 2. Consent: Upon logging in, you will be prompted to consent to converting your assets, facilitating a seamless withdrawal process. 3. Selection Process: Users will be paid in batches, with the first batch selected using a 'first in, first served' method for users who filled the asset forms. Priority will be given to vulnerable users with the lowest balances, recognizing their increased vulnerability during this period. 4. Existing Assets: Users with BTC, USD, and Naira are affected. Other assets like ETH, Doge, XRP, USDT will be fully accessible on November 20, 2023, with initial withdrawal limits for security reasons. 5. Next Payment Batch: Details about the next payment date will be communicated soon, emphasizing that this is an ongoing process and only the first batch. 6. Post-announcement Date Payment: If you received funds after the announcement date (April 29, 2023), click this link to file a claim, and we will guide you through the next steps. Additional Information Payment Source: Payments are sourced from fundraising efforts. The next payment batch depends on fundraising, recoveries, and post-launch profitability. Commitment: Our commitment remains steadfast: no customer will go unpaid. While the process may take time, we are dedicated to fulfilling our promises and maintaining transparency. Action Required If you haven't filled out the asset form, kindly do so here. For further inquiries, feel free to send an email to support@mypatricia.co. Thank you for your understanding and continued support.
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Doan9269
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November 23, 2023, 11:45:47 AM |
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This was three days ago, sorry that I am lazy to update this in time. It was about important updates on reopening and payment procedures for Patricia customers. Hello Patricians,
Relaunch and repayment begins today!
If you're a user of Patricia, I have an advise for you, try as much as possible to complyabd stay tuned to their repayment procedures to your funds but don't go for the other aspects which talks about it's relaunch because they will definitely use part of the new customers funds to clear all their outstandings from existing customers and you will also stay on the queue at the long run among those that will be later affected by either their policy or security challenge, take your money off centralized exchanges and be in custody of your financial assets, there's no assurance that this will not repeat itself and they won't had the highest blast next time.
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🎁 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . 375% | 200 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | 🛞 | ☆ | | ☆ | 🛞 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀ .U P T O . ▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .300€ + 50 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .F R E E S P I N S . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | 🎁 | |
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Kelward
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 24, 2023, 08:25:51 AM |
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This was three days ago, sorry that I am lazy to update this in time. It was about important updates on reopening and payment procedures for Patricia customers. Hello Patricians,
Relaunch and repayment begins today!
If you're a user of Patricia, I have an advise for you, try as much as possible to complyabd stay tuned to their repayment procedures to your funds but don't go for the other aspects which talks about it's relaunch because they will definitely use part of the new customers funds to clear all their outstandings from existing customers and you will also stay on the queue at the long run among those that will be later affected by either their policy or security challenge, take your money off centralized exchanges and be in custody of your financial assets, there's no assurance that this will not repeat itself and they won't had the highest blast next time. First I de happy for dem relaunch and repayment plans, dat na step in di right direction, I believe say di move na to restore investors trust in dem again. As e be now, issues about exchanges no de peculiar to Patricia, alone, in fact even top exchanges de get dem own shares of issues now. Check from FTX, de come down to di recent one wey be binance, CZ stepping down for a new CEO, fit affect binance negatively. So di wey I see am now be say make we no de live our money for exchanges, only wetin we wan take do transactions. So di answer na to de hold our coins mainly for our none custodial wallets, where we get control over am. For now my trust rating for exchanges matter don reduce, because of recent happenings.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | | | [ | 1,000x LEVERAGE | ] | [ | . COMPETITIVE FEES | ] | [ | INSTANT EXECUTION | ] | | | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | ████████████████████████████████████████████████████████ . TRADE NOW . ████████████████████████████████████████████████████████ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ |
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Antotena
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November 24, 2023, 12:11:26 PM |
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I got to know about this Patricia during the BigBrother 9ja 2020 and 2021 seasons which they sponsored. They recorded over 13,000 signups within 12 hour when their first ads dropped in the BBNaija session. It is such a shame that such a promising company will end up this way. This is a very big blow to Nigerian startups.
If this was to be in a sane country, Patricia and Bbnaija sponsors will be apprehended by now, but Patricia the CEO is working around without been arrested or prosecuted for the loss of investors money. I have a bad feeling that Patricia was not hack but scam people's money and claim that the exchange was hack, just like FTX thing that happened in the same year, they think people are that gullible to lose their things to them. If they don't get to the root of this matter, another scam is going to happen and guess what they will say? They will say nothing is going to happen and they will walk home free because they know that EFCC or SEC will not come after them and to think that the company is a registered entity in Nigeria, such a shame. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Charles-Tim (OP)
Legendary
Offline
Activity: 1638
Merit: 5077
Leading Crypto Sports Betting & Casino Platform
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 24, 2023, 12:41:18 PM |
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If this was to be in a sane country, Patricia and Bbnaija sponsors will be apprehended by now, but Patricia the CEO is working around without been arrested or prosecuted for the loss of investors money. I have a bad feeling that Patricia was not hack but scam people's money and claim that the exchange was hack, just like FTX thing that happened in the same year, they think people are that gullible to lose their things to them.
Exchanges were not well regulated and still not that regulated. Exchanges are often hacked and there are many that the owners of the exchanges are not arrested. I mean in other countries that you may be referring to as sane. BBNaija has nothing to do with this. It is just like saying because Chipmixer was found to be involved in scam, that Chipmixer participants on this forum all should be arrested, but which is not right. But the main reason I said this is because Patricia exchange was not seen as scam, but hacked. If they don't get to the root of this matter, another scam is going to happen and guess what they will say? They will say nothing is going to happen and they will walk home free because they know that EFCC or SEC will not come after them and to think that the company is a registered entity in Nigeria, such a shame. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) I am not disputing that the owner may know about this or not, but if we should be sincere, they worked towards making sure their customers all get back their money. I wish we know any Patricia customers that can let us know more about this refunding. If done appropriately, I do not think the man deserves arrest, but there is nothing bad for the appropriate government organization to do investigation about it.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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sokani
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 24, 2023, 05:45:22 PM |
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If you're a user of Patricia, I have an advise for you, try as much as possible to complyabd stay tuned to their repayment procedures to your funds but don't go for the other aspects which talks about it's relaunch because they will definitely use part of the new customers funds to clear all their outstandings from existing customers and you will also stay on the queue at the long run among those that will be later affected by either their policy or security challenge, take your money off centralized exchanges and be in custody of your financial assets, there's no assurance that this will not repeat itself and they won't had the highest blast next time.
Oyinbo talk say once bitten twice shy. Any person wey try collect hin funds na to rush remove all him money from Patricia go put am for personal wallet. I want believe say many Nigerians no really know how risky centralized exchange be, so I no go dey surprise say after their relaunch, people go still dey patronize them. if we should be sincere, they worked towards making sure their customers all get back their money. I wish we know any Patricia customers that can let us know more about this refunding. If done appropriately, I do not think the man deserves arrest, but there is nothing bad for the appropriate government organization to do investigation about it.
Them fit make small repayment, then go lie say them don repay all their customers because e no hard them to do. Until them repay all the money wey them dey hold their customers before I go clap hands for them, for now, I go just dey chop my popcorn dey watch.
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