Police To Arrest 601 Account Holders After Flutterwave Glitch
The Nigerian police are seeking to arrest 601 account holders regarding a technical glitch that cost fintech company Flutterwave N21.2 billion ($21.2 million) in erroneous transactions last year. Over 9,663 unauthorised transactions were carried by point-of-sale merchants amounting to billions of naira after Flutterwave suffered a glitch, which “allowed agents to conduct transactions in excess…