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Nairaland Forum / Nairaland / General / Business / Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability (22640 Views)
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Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by FreeStuffsNG: 5:08pm On Aug 29, 2023 |
Patricia’s ambitious plan to repay customers has one important caveat Last week, Patricia announced that it converted customers’ assets into its Patricia Token (PTK), months after the company made a $2 million hack public. Now the company has said its plan to repay customers is tied to its profitability. https://techcabal.com/2023/08/28/patricias-ambitious-plan-to-repay-customers-has-one-important-caveat/ 1 Like
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Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by FreeStuffsNG: 5:08pm On Aug 29, 2023 |
He took real money and 'converted' it to worthless tokens or what? They are playing with fire and jail. Those who handed their hard-earned money to him sef are some how. Haba!! Ole gbe ole gba. It is better now that EFCC and SEC step in. Check my signature for free stuffs! 64 Likes 3 Shares |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by Sonia2212(f): 5:09pm On Aug 29, 2023 |
Hmmm okay |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by TemplarLandry: 5:11pm On Aug 29, 2023 |
1 Like |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by seunmsg(m): 5:11pm On Aug 29, 2023 |
Crypto needs regulations. SECs all over the world should come together and issue a standard regulatory code to guide the industry. That’s the only way to significantly reduce crypto related scams. 76 Likes 6 Shares |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by helinues: 5:14pm On Aug 29, 2023 |
Isn't the token the investors invested in? Or where would he get the profits that made them to invest if not to sell his tokens 6 Likes 1 Share |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by Omowale2023(m): 5:15pm On Aug 29, 2023 |
FreeStuffsNG:You must be joking |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by SmartPolician: 5:25pm On Aug 29, 2023 |
Why are cryptocurrency companies so vulnerable to cybercrimes despite all the cybersecurity measures developed for securing traders' and investors' funds? How can an online platform lose coins worth $2m and the world isn't shocked? That's a lot of money. These cybercriminals have to be stopped. Any cloud and cybersecurity experts who can give crypto and blockchain companies unhackable techniques for protecting their trustless platforms will become an overnight million in USD. This is a clue for Nigerians who plan to study network security in postgraduate taught or research outside Nigeria. 28 Likes 1 Share |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by FreeStuffsNG: 5:33pm On Aug 29, 2023 |
SmartPolician:Was there even any hack? Who investigated and confirmed it truly there was a hack? Until thorough investigations by independent law enforcement regulator is conducted, many don't believe there was a hack and actually think that the purported hack could be a guise to make it look like they are all in limbo with the investors. EFCC and SEC may soon be brought in with the way they are going about it. 62 Likes |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by Elsudani2: 5:35pm On Aug 29, 2023 |
Ponzi scam exit route 58 Likes 1 Share |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by Brendaniel: 6:03pm On Aug 29, 2023 |
This thing looks like scam, the story is so similar with others at the same time it might not be scam.. 25 Likes |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by SmartPolician: 6:04pm On Aug 29, 2023 |
FreeStuffsNG: Honestly, you have a point. People who invest a lot of money in cryptocurrency are some of the bravest (or most stupid 😁) people I know. How can someone be investing in an unregulated industry? I learnt the hard way. Besides several shady deals happening behind closed doors, cryptos are very volatile. You can invest N5 million today. When you wake up the next day, it has tanked to N2 million. @the emboldened, they should. Unfortunately, nothing will come out of it. I lost some money to MBA Forex. At the end of the day, nothing happened. Mr. Maxwell is enjoying himself while we investors are licking our wounds. BTW, I thought Patricia announced in 2021 that they were leaving Nigeria though. 20 Likes |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by iCauseTrouble: 7:39pm On Aug 29, 2023 |
I can never use any Nigerian FinTech company 12 Likes |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by nairalanda1(m): 7:39pm On Aug 29, 2023 |
Crypto issa SCAM. 13 Likes |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by Nobody: 7:40pm On Aug 29, 2023 |
Lol When I see them running ads on the last World Cup, I just laugh. Con men roaming on the internet. Meanwhile , We are adding to our WhatsApp group now for those who need daily banker 2 odds. Are you ready? Check my profile and join now Lego 4 Likes |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by Jcomtrader: 7:40pm On Aug 29, 2023 |
He used all the money to finance bbnaija. I cant use a naija based crypto platform. Aside exchange . Cant store crytpo on any of them. Cant spend nights and hours to make crypto and lose it to one joke boy drivint teslas and g wagon 39 Likes 1 Share |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by sofeo(m): 7:41pm On Aug 29, 2023 |
Anything Nigeria. Just avoid it. Not to even talk of those Patricia guys too young and immature to handle such professionally 16 Likes |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by MichaelSokoto(m): 7:41pm On Aug 29, 2023 |
way out of ponzi is more ponzi! 10 Likes |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by ecolime(m): 7:41pm On Aug 29, 2023 |
No be dem sponsor BBNaija 2 years ago? All these Fintechs are big scams. One small boy with Dada will develop an APP. Next thing you know dem go say dem wan scale, dem go scam investors in the name of raising seeds. After that, next thing na to lie say dem hack their system. With this format, dem go scam their customers, cash out and clean out. Their lifespan no dey pass 5 years 57 Likes 3 Shares |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by superCleanworks(m): 7:41pm On Aug 29, 2023 |
scam 1 Like 1 Share |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by Tecnophone: 7:41pm On Aug 29, 2023 |
God don catch mmm stupid bagas. 1 Like |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by ThiefnubuBandit(f): 7:42pm On Aug 29, 2023 |
Criminals from brown roof side. 2 Likes |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by creativehubb: 7:42pm On Aug 29, 2023 |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by FuckTheMod: 7:42pm On Aug 29, 2023 |
Last last, CRYPTO NA SCAM CRYPTO NA PONZI Most crypto platforms run shady deals, they are also vulnerable to attacks and hacking, EVEN THE BIGGEST NAMES ARE NOT SAFE... E.G IS FTX... I have lost at least 5k dollar in CRYPTO in the last 3 years. I know people who have gained will counter this and say trash, but most times SOMEONE IS LOSING MONEY AS YOU'RE MAKING PROFIT. 17 Likes 2 Shares |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by OmoGomesIlorin: 7:43pm On Aug 29, 2023 |
They scam their customer thereafter tokenize their fund 5 Likes |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by omoadeleye(m): 7:45pm On Aug 29, 2023 |
Their customers are in for a long ride. Their funds have been converted to ponzi. 3 Likes |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by watersideboys: 7:45pm On Aug 29, 2023 |
Backed by nothing 8 Likes |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by circular(m): 7:46pm On Aug 29, 2023 |
What about the profit they got from sponsoring BBN Season 6? I laugh in Spanish 8 Likes |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by chidi2pus(m): 7:46pm On Aug 29, 2023 |
Fools and their wallets part ways when they try to replace due diligence with gung ho investments 4 Likes |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by kestolove95(m): 7:47pm On Aug 29, 2023 |
Yahoo yahoo boys 1 Like |
Re: Patricia Converts Customers’ Assets To Tokens, Repayment Tied To Profitability by soberdrunk(m): 7:47pm On Aug 29, 2023 |
Which kain rough play is this? Shay nah bet9ja customers invest in? 2 Likes |
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