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 ...
They were stunned—speechless, bewildered and heartbroken. Men and women, young and old, all united by disbelief and silent anguish. Some clung to the desperate hope that it was just a bad dream they ...
The Economic and Financial Crimes Commission (EFCC) has reiterated it warned Nigerians against falling for Ponzi schemes, as outrage grows over the alleged N1.3 trillion fraud linked to the digital ...
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 ...
Nigerians across different social media platforms have begun to quantify their losses after a digital asset trading platform called CBEX locked them out of their accounts. The platform has allegedly ...
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 ...
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