cbex crypto scandal

Crypto Bridge Exchange (CBEX) has returned weeks after vanishing with investors' funds in April, now demanding $200 (or $100 for smaller accounts) to "reactivate" frozen balances. The platform disappeared during Nigeria's crypto trading boom, locking out thousands of investors. EFCC has arrested...

The EFCC has declared two more suspects, Folashade Odelana and Bamidele Ayodele Abiodun, wanted in the N1 bn cryptocurrency fraud tied to Crypto Bridge Exchange (CBEX), bringing the total to ten. Nigerians began raising alarms in April after being locked out of their CBEX accounts. The EFCC says...

The digital trading platform CBEX has collapsed, allegedly defrauding Nigerians of over ₦1.3 trillion. Operating without approval from the Securities and Exchange Commission (SEC), CBEX promised high returns but disappeared, leaving investors with locked accounts and vanished funds. This...