The victims of the cryptocurrency fraud by Crypto Bridge Exchange have been invited by the Economic and Financial Crimes Commission (EFCC) to report to the commission’s Lagos and Ibadan Zonal Directorates offices, respectively, to help in the ongoing investigations. Dele Oyewale, Head of the Commission’s Media and Publicity unit, made this dis...
The Securities and Exchange Commission (SEC) says the Crypto Bridge Exchange (CBEX), operating under the corporate identity of ST Technologies International Ltd., remains banned in Nigeria. SEC, in a public notice issued today, said that CBEX, also known as Smart Treasure/Super Technology, had not been registered by the commission, reports NAN...
The Economic and Financial Crimes Commission (EFCC) has removed a foreign national, Elie Bitar, from the wanted list for Crypto Bridge Exchange (CBEX) fraud. The anti-graft agency had on April 30 declared Bitar wanted over the alleged fraud perpetrated on the CBEX trading platform, reports Channels TV. The EFCC included Bitrar’s name in the wa...
•EFCC chairman, Ola Olukoyede Despite the alleged N1.2 trillion digital trading fraud that reportedly affected over 600,000 Nigerians, the embattled Crypto Bridge Exchange trading platform, accused of these acts, has resumed operations, announcing fresh withdrawal options in a move to restore investor confidence. Two traders on the CBEX platfo...
The Economic and Financial Crimes Commission has declared one foreign national, Elie Bitar wanted for his alleged involvement in a cryptocurrency fraud linked to the online trading platform, Crypto Bridge Exchange. According to an official bulletin issued by the Commission, Bitar, 41, is wanted for a suspected fraudulent scheme carried out via...
Amid growing concerns over the alleged fraud perpetrated by a digital investment platform, CryptoBank Exchange (CBEX), which reportedly led to the loss of N1.3 trillion belonging to Nigerian investors, the Economic and Financial Crimes Commission has said it warned Nigerians against investing in Ponzi schemes. The spokesperson of the EFCC, Mr....
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