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In a major development in Nigeria’s ongoing crackdown on financial fraud, Adefowora Abiodun Olanipekun, one of six principal promoters of the collapsed cryptocurrency investment platform, Crypto Bridge Exchange (CBEX), has voluntarily surrendered to the Economic and Financial Crimes Commission (EFCC). His surrender comes after a Federal High Court order issued on April 24, 2025, by
Popular Fuji musician, Taye Currency, has joined the growing list of victims of the controversial CBEX Ponzi scheme, revealing that he lost ₦10 million after being lured into the investment by trusted friends. The music icon made the shocking disclosure during a recent stage performance, where he emotionally recounted how he was introduced to the
On Monday, April 14, 2025, panic swept across social media as countless Nigerians realized they had likely been scammed, again. This time, it was CBEX, a digital asset trading platform that promised mouthwatering returns and claimed to be powered by artificial intelligence. But after weeks of frozen withdrawals and suspicious activities, users logged in to
