Nigerian Politician Arrested for Alleged Involvement in $757K Crypto Heist

Nigerian Politician Arrested for Alleged Involvement in $757K Crypto Heist



Nigerian authorities have detained Ambassador Wilfred Bonse, a notable Nigerian politician, on charges of theft and money laundering related to a security breach at Patricia Technologies Ltd., a cryptocurrency trading firm. This information comes from ACP Olumuyiwa Adejobi, the Nigerian Police Force's (NPF) public relations officer, who confirmed that Bonse's arrest is a result of the investigation into the hacking incident at Patricia.



Adejobi revealed that Bonse is accused of funneling 50 million naira (about $62,368) from a total of 607 million naira (approximately $757,151) that was illicitly transferred from Patricia's system to his account through a cryptocurrency wallet. Before his arrest, Bonse was a candidate for governor in Nigeria's Southern region. The investigation is ongoing, and while some suspects are still at large,


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#Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Nigeria, #Regulations

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