After many months of operation, CBEX digital investment platform crashed, leaving its investors with losses to the tune of ...

The digital trading platform CBEX has reportedly crashed, vanishing with over N1.3 trillion and leaving thousands of Nigerian investors strandedCBEX reportedly promised unrealistic returns of 100% ...

Despite repeated warnings, Nigerians continue to fall victim to Ponzi schemes promising quick returns. From MMM to CBEX.

CBEX, which began operations in Nigeria in 2024, marketed itself as a cryptocurrency trading platform powered by artificial intelligence, enabling ...

Nigeria has become a fertile ground target for Ponzi schemes, with millions of unsuspecting investors losing life savings in ...

In the last decade, many ponzi schemes have come and gone and continued to dupe Nigerians of their money, leaving many people ...

The Economic and Financial Crimes Commission and INTERPOL have commenced a probe of the recently crashed online digital ...

Di amount of Ponzi schemes for Nigeria now don turn anoda tin, e be like if pesin turn head like dis, anoda tin don suck ...

Nigeria’s long-standing battle with Ponzi schemes has woven a dark tale of financial deception, one that stretches over decades and has claimed the savings and dreams of millions. Each collapse ...

CBEX is not Nigeria’s first encounter with Ponzi schemes, as the country has seen numerous similar cases in the past. However ...

CBEX, a crypto platform, collapsed in April 2025, defrauding investors in Nigeria and Kenya of over $800 million. The Ponzi ...