Chaos in Ibadan as Angry Crowd Loots CBEX Office After Platform Crash

Tension erupted in Ibadan’s Oke Ado area as angry users stormed the local office of CBEX, a digital trading platform, following its sudden crash that left many with zero balances in their accounts.

A viral video shows a mob ransacking the office, carting away everything from tables and couches to office equipment, in what appears to be a desperate reaction to their financial losses.

Many investors say they’ve lost huge sums and are devastated. While some are grieving, others have turned their anger toward the company’s physical offices.

CBEX has yet to issue an official statement.

Watch the video below;

Reacting to the post;

@Gistme9j commented: “The most funny part be say, most of this people are not even an investors on Cbex”

@chocolekann wrote: “That guy wey get $68k wetin he wan move wey go worth him money”

@Dailygistz said: “Nigerians get no protection from FG when foreign investment corporations unexpectedly close up. How long will this continue?”

@chineduokoli_ remarked: “Good. Any unregistered fraudulent business that siphon people’s money must experience what they dealt on the people”

@DrMel_ said: “Even thought it was an online scam, so they have an office?”

@dokitawaa wrote: “Who are you to blame? Nigerians or Government. This is a clear testament that the government failed Nigerians.”

@Mrlekan213 said: “Funny enough these people wer dey carry things fit no even put money there 😂”