Collapsed CBEX Ponzi scheme demands more funds from victims for ‘compensation’

Collapsed CBEX Ponzi scheme demands more funds from victims for ‘compensation’

The recently collapsed digital trading platform, Crypto Bridge Exchange (CBEX), appears to be in need of more money from the visibly disturbed Nigerian investors, convincing them…

The defunct Crypto Bridge Exchange (CBEX) is allegedly pressuring distressed Nigerian investors to pay additional fees to “unlock” compensation from a supposed insurance firm, despite losing over N1.3 trillion in the scheme. The platform, which promised 3% daily returns through a fake AI trading system, collapsed after trapping funds via withdrawal restrictions and referral bonuses.

The EFCC confirmed CBEX was unregistered and vowed to collaborate with INTERPOL to prosecute perpetrators, assuring victims of recovery efforts.

READ THE FULL STORY IN TRIBUNE

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top