CBEX

EFCC Traces Funds From Collapsed CBEX Crypto Scheme To Four Countries

May 1, 2025 Rhoda Gistlover 0

The Economic and Financial Crimes Commission (EFCC) has traced proceeds from the now-defunct Crypto Bridge Exchange (CBEX) scheme to at least four different countries, raising major concerns about the possibility of fully refunding victims. EFCC

EFCC Unveils Photos Of Four Suspects Linked To CBEX Cryptocurrency Fraud

April 26, 2025 Rhoda Gistlover 0

The Economic and Financial Crimes Commission (EFCC) has published the photographs of four individuals suspected to be involved in the Crypto Bridge Exchange (CBEX) scam, which has reportedly caused substantial financial losses to thousands of

SEC Warns Public After ₦1.3 Trillion CBEX Scam, Admits Inability To Assist Victims

April 19, 2025 Rhoda Gistlover 0

Dr. Emomotimi Agama, Director General of the Securities and Exchange Commission (SEC), has announced that the Commission is unable to offer any restitution to the estimated 600,000 Nigerians affected by the recent CBEX cryptocurrency fraud.

Banker Burned Twice: Banker who invested in MMM loses his savings again to CBEX

April 17, 2025 Gistlover Stella 0

. A Nigerian man has repeatedly fallen victim to Ponzi schemes, seemingly failing to learn from his past mistakes. The narrative describes how he lost his investment in Mavrodi Mundial Moneybox (MMM) years ago. He

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

April 15, 2025 Gist Lovers 0

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