Browse Tag

CBEX

Senate Probes ₦1.3 Trn CBEX Collapse, Vows Crackdown On Ponzi Schemes

The Nigerian Senate has launched an investigation into Ponzi schemes, including the collapse of the Crypto Bullion Exchange (CBEX), which allegedly defrauded investors of over ₦1.3 trillion. The Senate’s inquiry, announced in late April 2025, comes after thousands of Nigerians found themselves

July 9, 2025

Business·News

Anxiety As CBEX Reopens Portal Despite SEC Ban, Ongoing N1.2trn Fraud Probe

There is an air of uncertainty on issues surrounding the Crypto Bridge Exchange (CBEX) platform as it has suddenly announced the resumption of operations, allowing new users to register, trade and withdraw funds. This is despite an existing ban on its activities

May 5, 2025

News

Court Orders Arrest Of Six CBEX Promoters Over Alleged $1.6bn Fraud

The Federal High Court sitting in Abuja has given an order for the arrest and detention of six promoters of Crypto Bridge Exchange (CBEX) over alleged investment fraud of over one billion dollars. Justice Emeka Nwite gave the order on Thursday following

April 24, 2025

News

CBEX Platform Operators Will Be Prosecuted – SEC

The Securities and Exchange Commission (SEC), has stated that it would shutdown CBEX digital investment platform and ensure that operators face full weight of the law. This comes after the platform reportedly crashed, with many investors, including Nigerians, losing money estimated to

April 21, 2025

News

CBEX Crash: Investors Will Get Their Money Back, EFCC Assures

The Economic and Financial Crimes Commission (EFCC) has assured investors in the CBEX digital trading platform that they would recover their funds. The anti-graft agency said it would work hard to ensure that scammers are brought to justice and investors’ monies recovered.

April 16, 2025

Business

How Nigerians Lost N1.3trn On CBEX Digital Trading Platform

Like the Mavrodial Mondial Movement (MMM) Ponzi scheme, which ripped off many Nigerians when it crashed in 2018, many have again fallen victim, losing over N1.3 trillion in CBEX, a digital asset trading platform. Between Monday and Tuesday, many have taken to

April 16, 2025

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

CBEX

Senate Probes ₦1.3 Trn CBEX Collapse, Vows Crackdown On Ponzi Schemes

Anxiety As CBEX Reopens Portal Despite SEC Ban, Ongoing N1.2trn Fraud Probe

Court Orders Arrest Of Six CBEX Promoters Over Alleged $1.6bn Fraud

CBEX Platform Operators Will Be Prosecuted – SEC

CBEX Crash: Investors Will Get Their Money Back, EFCC Assures

How Nigerians Lost N1.3trn On CBEX Digital Trading Platform

Featured Stories

Lack of Expertise Behind Failure of 95% of Enterprise AI Projects

Investors Brush Off US Government Shutdown, Weak Hiring

Tragedy Strikes Ethiopian Church: At Least 36 Killed, Over 200 Injured in Scaffolding Collapse

US Nonfarm Payrolls Report Delayed on Government Shutdown

Whatsapp Channel

Latest News

NBA Challenges Police Over Tinted Glass Permit Enforcement, Offers Free Legal Aid

Naira Firms Across FX Markets, Trades at ₦1,470.52 to Dollar

Nigeria Faces Reform-Poverty Dilemma, Ex-Statistician-General Kale Warns

Lack of Expertise Behind Failure of 95% of Enterprise AI Projects

Naira Firms Across FX Markets, Trades at ₦1,470.52 to Dollar

Investors Brush Off US Government Shutdown, Weak Hiring

US Nonfarm Payrolls Report Delayed on Government Shutdown

Retail Trading Data Show Heavy Buying in Gold, Rising Optimism Across US Indices

NBA Challenges Police Over Tinted Glass Permit Enforcement, Offers Free Legal Aid

Suggestions

CBEX

Featured Stories

Follow Us

Whatsapp Channel

Latest News