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nigeria police arrest

Cryptocurrency News Nov 27, 2023

Nigerian Politician Arrested in ₦607 Million Patricia Hack Bust!

Former political aspirant Wilfred Bonse is now implicated in the Patricia Technologies cybersecurity breach, facing charges of criminal conspiracy and fund diversion. His direct involvement in laundering ₦50 million, intricately linked to the ₦607 million cyber heist, is meticulously traced through cryptocurrency, revealing a compelling narrative at the crossroads of politics and cybersecurity.

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ponzi scheme promoters

Cryptocurrency News Apr 28, 2023

Ponzi scheme promoters get 10 years in Nigeria.

In 2022 alone, new Ponzi schemes were uncovered once every six days; in total 57 schemes was discovered in the same year, mobbing up about $5.3Bn of investors' funds. 25% of the uncovered scheme involved cryptocurrency and it surprisingly mobbed up about $3Bn of the $5.3Bn even though it is just 25% of the total scheme uncovered!

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Nigerian Politician Arrested in ₦607 Million Patricia Hack Bust!

Former political aspirant Wilfred Bonse is now implicated in the Patricia Technologies cybersecurity breach, facing charges of criminal conspiracy and fund diversion. His direct involvement in laundering ₦50 million, intricately linked to the ₦607 million cyber heist, is meticulously traced through cryptocurrency, revealing a compelling narrative at the crossroads of politics and cybersecurity.