| Founded | 2017 |
|---|---|
| Closed | 2023 |
| Country | Nigeria |
| Sector | Crypto |
| Collapse type | Fraud Explosion |
Patricia
"Nigerian crypto exchange that froze customer withdrawals in 2023 following a security breach, stranding millions of dollars of customer funds."
Sudden collapse triggered by fraud exposure
Key Events Timeline
Patricia grew to become one of Nigerias largest crypto trading platforms, serving customers who wanted exposure to Bitcoin and stablecoins in a country where naira devaluation made dollar-pegged assets highly desirable.
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