Chairman of the Economic Financial Crimes Commission, Ola Olukoyede, has told victims of the crashed ponzi scheme, CBEX, not to expect too much from the commission. He also criticized investors in the ...

Thousands of traders across Africa have been left reeling after an online trading platform collapsed, vanishing with their money, in the millions. Crypto Bridge Exchange (CBEX), the company at the ...

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 ...

The platform is said to be allowing new users to register, trade, and make withdrawals, even as over 600,000 Nigerians await access to their trapped funds. The platform is reportedly now allowing new ...

The Securities and Exchange Commission has declared that Crypto Bridge Exchange, also known as CBEX, is not registered to operate as a digital assets exchange in Nigeria, warning the investing public ...

After the dramatic collapse of the digital trading platform CBEX, Nigerians are facing significant financial losses with estimates reaching N1.3 trillion. This unexpected failure has shaken investor ...

Swindling, like most other good or bad things, has been with us for some time. Indeed, Nigeria has had several examples in the past without many Nigerians learning any serious lessons. The one ...

Abby, another Kenyan investor, carries the guilt of introducing 25 family and friends to CBEX. "(They) invested so much, and it all disappeared," he told AFP. "I would really love to help them recover ...

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