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This time, the culprit is Crypto Bridge Exchange (CBEX) – a digital asset platform that enticed hundreds of thousands of Nigerians with promises of extraordinary returns, claiming up to 100 per ...
CBEX earlier restricted withdrawals claiming that it had run into a security breach, and later asked users for additional deposits to verify their accounts.
According to an April 24 report from Nigerian news outlet The Cable, the Federal High Court in Abuja approved the arrest and detention of six people who promoted the Crypto Bridge Exchange (CBEX ...
The one trending in the country now is (Crypto Bridge Exchange (CBEX), which also operates under the corporate identity of ST Technologies International Ltd, Smart Treasure/Super Technology.
Ponzi schemes like CBEX have repeatedly exploited gaps in financial literacy and regulatory enforcement, inflicting deep wounds on the nation’s economy and eroding public trust. By promising ...
One of the suspected promoters of the cryptocurrency trading platform, Crypto Bridge Exchange (CBEX), Adefowora Abiodun, has voluntarily surrendered himself to the Economic and Financial Crimes ...
According to DUBAWA, a West African independent verification and fact-checking project, several persons on various social media platforms have begun to count their losses as CBEX, a popular ...
When CBEX, a digital asset trading platform, emerged with promises of 100% return on investment within a month, many Nigerians, worn down by economic hardship, saw it as a lifeline. But that hope ...
Justice Emeka Nwite of the Federal High Court in Abuja ruled last Thursday to approve the EFCC's request to arrest and detain six promoters of CBEX. The decision is pending the conclusion of ...
The SEC raised the alarm after preliminary investigations uncovered that CBEX, a firm also operating under the names ST Technologies International Ltd, Smart Treasure, and Super Technology ...
After the collapse of high‑profile platforms such as CBEX, many Nigerian investors have suffered heavy losses. D Damilare Famuyiwa Follow Ponzi schemes lure participants with grand promises but ...
The Economic and Financial Crimes Commission, EFCC, has dismissed the claims that the defunct digital asset trading platform, CBEX, was registered with its Special Control Unit against Money ...