Nigerian Crypto Trading Platform Patricia Unilaterally Converts User Funds Into PTK Stablecoin

08/23 07:55

Nigerian cryptocurrency trading platform Patricia announced on August 18 that it has converted users' outstanding funds into a US-backed stablecoin called "Patricia Token" (PTK). Some social media users criticized the platform's decision to unilaterally convert customer funds. Some critics described the conversion of user funds as an attempt by the Patrica team to scam users and run away.
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