THE Economic and Financial Crimes Commission (EFCC) declared that it had gained substantial ground in the search for the persons declared wanted in relation to the fraud case involving Crypto Bridge Exchange (CBEX). EFCC in a statement on Wednesday, said Ellie Bitar, who was earlier declared wanted, had since been …
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THE Crypto Bridge Exchange (CBEX), a digital trading platform previously accused of orchestrating a ₦1.2 trillion fraud affecting over 600,000 Nigerians, has reportedly resumed operations despite ongoing investigations by Nigeria’s Securities and Exchange Commission (SEC) and the Economic and Financial Crimes Commission (EFCC). CBEX, which had promised investors 100% returns …
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A major investigation into the collapse of the Crypto Bridge Exchange (CBEX) Ponzi scheme has revealed how promoters used deceitful tactics to convince over 600,000 Nigerians to invest in their fraudulent digital trading platform. Newsextra24 understands that CBEX promised investors 100% returns in just 30 days using purported AI trading strategies. However, the …
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THE Securities and Exchange Commission (SEC) has stated that Crypto Bridge Exchange (CBEX) was never granted registration to operate as a digital assets exchange in Nigeria. Dr Emomotimi Agama, Director-General of the SEC, said this in a statement on Sunday, while urging the public to cease all dealings with the …
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TENSION is mounting among users of CBEX, a popular cryptocurrency and forex trading platform, following reports that the company has emptied the accounts of hundreds of investors without prior notice. Newsextra24 reports that the platform, which had gained widespread attention due to its high-yield investment packages and aggressive online marketing, …
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