A Nigerian politician has been arrested for stealing $246,153 from Patricia Technologies' crypto wallet. The arrest was made after an investigation by the Nigeria Police Force's National Cybercrime Center. The politician is accused of collaborating with hackers to launder $61,538 from the stolen funds. Charges against him include criminal conspiracy, unauthorized alteration of computer systems, and illicit diversion of funds exceeding $246,153. The arrest brings hope to Patricia Technologies, which faced scrutiny after a hacking incident. The company converted customer assets into its native token and promised future repayment. Nigeria is known for its high crypto awareness and investment drive.
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