The scheme collapsed months later, triggering widespread losses. Investigations and testimonies from affected investors revealed that CBEX functioned as a Ponzi scheme that siphoned over N1.3 trillion ...

The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the freezing of bank accounts belonging to Crypto Bridge Exchange (CBEX) and 25 other ...

The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the freezing of ...

Many investors continue to fall victim to Ponzi schemes as fraudulent operators lure them with promises of unusu- ally high ...

Ajọ EFCC to n gbogun ti iwa ibajẹ ti ranṣẹ pe awọn ọmọ Naijiria ti wọn padanu ẹgbẹlẹgbẹ miliọnu owo sinu okowo CBEX lati yọju si ọọfiisi ajọ naa to wa niluu Ibadan ati Eko. Ajọ EFCC ransẹ pe awọn ...

The Economic and Financial Crimes Commission (EFCC) has informed Nigerians who suffered financial losses to the fraudulent online scheme on the Crypto Bridge Exchange (CBEX) platform to appear at its ...

Earlier this year, the cryptocurrency space was negatively impacted by the collapse of CBEX, a supposed trading platform that defrauded investors of nearly $1 billion. This high-profile Ponzi scheme ...

The Federal High Court in Abuja has granted a bail to two of the detained Crypto Bridge Exchange (CBEX)’s promoters in the sum of N10 million each with two sureties each in like sum. Those admitted to ...