The Economic and Financial Crimes Commission, EFCC, has disclosed that the agency has traced funds linked to the failed crypto bridge exchange, CBEX, scheme to at least four countries. EFCC chairman, ...

The CBEX crash underscores the risks of investing in unregulated digital platforms and serves as a stark warning for investors chasing unrealistic returns in the volatile world of cryptocurrency. The ...

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 ...

Embarrassed and in debt, Edwin was left reeling after losing $16,000 to CryptoBridge Exchange (CBEX), one of the crypto-trading platforms preying on investors in Africa. Edwin, a Kenyan government ...

An Abuja High Court had granted the EFCC permission to arrest and detain six suspects believed to be promoters of CBEX over fraud allegations. The Economic and Financial Crimes Commission (EFCC) has ...

Thousands of Nigerians are reeling from the collapse of CBEX, a digital asset trading platform that has reportedly disappeared with more than N1.3 trillion of investors’ funds. The platform, which ...

Earlier this year, the cryptocurrency space was negatively impacted by the collapse of CBEX, a supposed trading platform that defrauded investors of nearly $1 billion. This high-profile Ponzi scheme ...

It branded itself as a sophisticated, modern, forward-looking, AI-driven and tech-savvy trading and wealth building platform with the requisite expertise to help investors achieve prosperity by ...

Following CBEX's collapse, Kenya's Capital Markets Authority issued an 'Investor Alert' about unregulated platforms - Copyright AFP Kirill KUDRYAVTSEV Following CBEX ...