Following promises by the EFCC to track CBEX operators, internet searches have identified names and faces of individuals ...

The SEC has confirmed that CBEX, the digital asset trading platform behind a major investment scam, was never authorised to ...

Hundreds of Nigerians have lost billions of naira to several Ponzi schemes in the last decade and many more have got their ...

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

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

From MMM that crashed in 2016, leaving millions of investors stranded, to the recent collapse of CBEX and other crypto-based platforms, the allure of high returns with little risk has continued to ...

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

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

Amid lamentations and concerns that Nigerian investors may have lost a whopping N1.3 trillion to the Crypto Bridge Exchange ...

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 ...

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

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