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

Add Yahoo as a preferred source to see more of our stories on Google. Lagos, Nigeria — Mandela Fadahunsi, who works at a technical training school in Ikeja in Nigeria’s Lagos, never believed he could ...

The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the freezing of bank accounts belonging to Crypto Bridge Exchange (CBEX) and 25 other ...

The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the freezing of bank accounts belonging to Crypto Bridge Exchange (CBEX) and 25 other ...

Earlier this year, the cryptocurrency space was negatively impacted by the collapse of CBEX, a supposed trading platform that defrauded investors of nearly $1 billion. This high-profile Ponzi scheme ...

Economic and Financial Crimes Commission has blamed Nigerians over their losses to Crypto Bank Exchange, popularly known as CBEX investment. Recall that INFORMATION NIGERIA had reported that thousands ...

They said unlike CBEX, managers of the fresh Ponzi scheme operated under the pretext of a real estate firm that existed mainly virtually, as there were no physical locations or offices where they ...

In a bid to prevent more Nigerians from falling victims to Ponzi schemes, the Securities and Exchange Commission (SEC) on Friday conducted a sensitization campaign at Wuse Market in the heart of Abuja ...

In a notice shared on its official social media channels on Wednesday, June 4, 2025, the anti-graft agency appealed to the public for information that could lead to the arrest of the two suspects.

CBEX Crypto Scam: AI-hyped Ponzi Scheme Defrauds African Investors By Peris GACHAHI with Oluseyi AWOJULUGBE in Lagos July 01, 2025, 1:50 am EDT Share ...