Tag: CBEX
Despite SEC Ban, EFCC Probe, CBEX Resumes Operations
Despite the alleged N1.2tn digital trading fraud that reportedly affected over 600,000 Nigerians, the embattled Crypto Bridge Exchange trading platform, accused of these acts,...
CBEX Scam: Abuja Court Orders EFCC To Arrest Promoters
The Federal High Court in Abuja has granted the Economic and Financial Crimes Commission permission to arrest and detain six alleged promoters of Crypto...
Nigerian Leaders As CBEX Ponzi Chancers By Festus Adedayo
On Page 28 of his very provocative book, The Present Darkness: A history of Nigerian organized crime, (2016) Stephen Ellis, British historian and Africanist,...
SEC Educates Nigerians On How To Identify Ponzi Schemes
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has urged Nigerians to exercise caution and steer clear of Ponzi...
The Paradox Of Ponzi Schemes: A Complex Wealth Redistribution Phenomenon By...
Ponzi schemes are investment frauds that lure investors with the promise of high returns on investment. Named after Charles Ponzi, who gained infamy in...
CBEX Investment Disaster: Interpol, EFCC Begin Probe Into Alleged ₦1.3tn Frauds
The Economic and Financial Crimes Commission has launched an investigation into the alleged ₦1.3tn frauds perpetrated through a digital investment platform, CryptoBank Exchange.
CBEX, operated...
