Last month, Flutterwave, Africa’s largest startup by private valuation, was involved in a hack that resulted in over ₦2.9 billion (~$4.2 million) missing from its accounts, according to local tech publication Techpoint Africa.
According to the documents seen by the publication and reviewed by TechCrunch, unknown actors transferred the funds across 28 accounts in 63 transactions in early February. Police investigations are ongoing as Flutterwave, via legal counsel and law enforcement parties, has filed a motion and seeks to freeze accounts across 27 financial institutions that interacted with the missing funds, Techpoint Africa reported.
Several tweets regarding the alleged hack have also come up over the weekend. Some Read Entire Article
