Update Emerges On CBEX As EFCC’s Move To Recover Funds
The Economic and Financial Crimes Commission (EFCC) is still awaiting responses from foreign authorities regarding funds linked to the collapsed CBEX investment...
CBEX
Court Grants Bail To Two CBEX Scam Promoters
The Federal High Court sitting in Abuja has granted bail to two alleged promoters of the controversial Crypto Bridge Exchange (CBEX), following...
SEC Issues Fresh Public Notice On CBEX Operation In Nigeria
The Securities and Exchange Commission (SEC) has announced that the Crypto Bridge Exchange (CBEX), functioning under the corporate name of ST Technologies...
EFCC Declares Two More Suspects Wanted Over CBEX Crypto Fraud
The Economic and Financial Crimes Commission (EFCC) has declared two additional individualsFolashade Odelana and Bamidele Ayodele Abiodunwanted in connection with a massive...
‘We’ve Recovered Reasonable Amount Of Money’ – EFCC Chairman, Olukoyede Gives Fresh Update On CBEX
The Economic and Financial Crimes Commission (EFCC) has reportedly recovered a reasonable amount from the crashed digital investment platform Crypto Bridge Exchange...
CBEX: EFCC Gives Update On Investigations, Removes Ellie Bitar From List Of Wanted Persons
The Economic and Financial Crimes Commission (EFCC), has declared that it has gained substantial ground in the search for the persons declared...
CBEX Fraud: EFCC Traces Funds To Multiple Nations, Warns Full Recovery Unlikely
The Economic and Financial Crimes Commission (EFCC) has revealed that funds linked to the collapsed crypto investment platform, CBEX, have been traced...
Despite EFCC Probe, CBEX Resumes Operations
The embattled cryptocurrency trading platform, Crypto Bridge Exchange (CBEX), has resumed operations, even as investigations continue into the alleged ₦1.2 trillion digital...
Suspected CBEX Promoter, Adefowora Abiodun, Surrenders To EFCC For Investigation
One of the suspected promoters of the controversial cryptocurrency trading platform, Crypto Bridge Exchange (CBEX), Adefowora Abiodun, has voluntarily surrendered to the...
EFCC Cautions Nigerians On Excessive Desire For Money Amid Ponzi Scheme Investigations
The Economic and Financial Crimes Commission (EFCC) has issued a stern warning to Nigerians, advising them to curb their excessive desire for...
[Updated] CBEX Scam: EFCC Declares Eight Persons Wanted
The Economic and Financial Crimes Commission (EFCC) has declared four individuals wanted over fraud Naija News reports that the individuals were declared...
$1 Billion Scam: EFCC To Arrest Six CBEX Promoters
The Federal High Court in Abuja has ordered the arrest and remand of six promoters of the now-collapsed and fraudulent cryptocurrency investment...
CBEX: Shiny Promises, Bitter End Like MMM – The Deadly Trap Of Ponzi Schemes In Nigeria
In the fast-paced world of financial promises and digital investments, the name CBEX recently joined the notorious Ponzi scheme list that has...
EFCC Clarifies It’s Position On CBEX, Reaffirms Commitment to Tackling Financial Fraud
The Economic and Financial Crimes Commission (EFCC) has made it clear that it does not serve as a regulatory or approving body...
CBEX: Fresh Details Emerge On How Promoters Lured 600,000 Nigerians Into ₦1.3 Trillion Fraud
A major investigation into the collapse of the Crypto Bridge Exchange (CBEX) Ponzi scheme has revealed how promoters used deceitful tactics to...
‘I Was On My Own Before You Took Me To CBEX’ – Taye Currency Rain Curses On Associates After Losing ₦10 Million
Fuji musician, Taye Adebisi, popularly known as Taye Currency, has lashed out at those who introduced him to the Ponzi scheme operated...
Fresh Details Emerge On CBEX Operation In Nigeria
The Securities and Exchange Commission (SEC) has announced that Crypto Bridge Exchange (CBEX) is not authorized to function as a digital assets...
CBEX: EFCC, SEC Go After Ponzi Schemes
The Economic and Financial Crimes Commission (EFCC) and the Securities and Exchange Commission (SEC) have vowed to track down the operators behind...
We Are Working On It, CBEX Investors Will Get Their Money Back – EFCC Sparks Hope
The Economic and Financial Crimes Commission (EFCC) has assured investors in the ill-fated trading platform known as CBEX that they would get...
Full List: MMM, CBEX, QNet, 47 Other Ponzi Schemes That Defrauded Nigerians
Over the past decade, Nigeria has become a breeding ground for Ponzi schemes, which have fleeced millions of citizens out of trillions...
