Tag: CBEX
N1bn CBEX scam: EFCC expands investigation, declares two more suspects wanted
The suspects, identified as Folashade Odelana and Bamidele Ayodele Abiodun, are believed to be linked to the fraudulent platform, and…
CBEX: EFCC removes foreign national Ellie Bitar from list of wanted persons
The Economic and Financial Crimes Commission, EFCC, has removed Ellie Bitar of CBEX Solutions Ltd from the list of wanted…
CBEX resumes operations despite SEC ban, N1.3tn EFCC probe
The Crypto Bridge Exchange (CBEX) trading platform, accused of scamming Nigerians, has resumed operations and introduced new withdrawal options to…
CBEX promoter Adefowora Abiodun surrenders to EFCC
Adefowora Abiodun, a promoter of the cryptocurrency trading platform, Crypto Bridge Exchange (CBEX), has voluntarily surrendered to the Economic and…
EFCC declares four foreign accomplices linked to CBEX fraud wanted
The suspects, whose photographs have been made available by the Commission, are wanted in connection with fraudulent activities allegedly carried…
Nigerians and the Get-Rich-Quick Syndrome
A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors. Ponzi schemes are…
How CBEX exploited regulatory loopholes to swindle millions from Nigerians
The collapse of CBEX has had a profound impact on its investors, many of whom invested their life savings.
What you need to know about CBEX giving Nigerians heart attack
In a shocking turn of events, Nigerian investors have been left counting their losses after the unregistered digital asset trading…