NewStats: 3,262,226 , 8,176,513 topics. Date: Sunday, 01 June 2025 at 12:37 PM 3b445m

The Economic and Financial Crimes Commission (EFCC) has launched a comprehensive investigation into an alleged N1.3 trillion cryptocurrency fraud connected to the now-defunct digital investment platform, CryptoBank Exchange (CBEX).

According to the EFCC, the commission is collaborating with the International Criminal Police Organisation (INTERPOL) to trace local and international suspects involved in the massive scam and get back the monies of those who invested in the scheme.

CBEX, said to have been run by a group of foreign nationals in collaboration with Nigerian partners, abruptly shut down operations on Monday.

The sudden collapse left thousands of investors locked out of their s. Many reported waking up to find their balances wiped, with the platform demanding further deposits before access could be regained.

EFCC spokesperson, Dele Oyewale, revealed that the commission had already begun investigating the platform prior to its collapse, based on credible intelligence reports.

“It would be very irresponsible and unprofessional of the EFCC to say you have lost your money and there is nothing the commission can do about it,” Oyewale said.

“We’re already working with Interpol and international development agencies to ensure that these people are brought to book. Investors are going to get their money back.”

“We had our intelligence before the incident. We were already working on it, but now that the scheme has collapsed, the major actors and their collaborators will be brought in,” he said on Tuesday.

He assured Nigerians that the EFCC is committed to exposing and dismantling Ponzi schemes like CBEX, highlighting that several similar operations are also under active investigation.

“Additionally, there are similar frauds across the country that people are unaware of, and we are working to uncover them. We are on the local collaborators while we are partnering INTERPOL to trace the foreign operators,” Oyewale added.
https://thescrutinyng.com/cbex-we-are-partnering-interpol-to-trace-foreign-operators-efcc/

Lori iro...What happened to i will resign if i don't jail yeye bello?

Mr man, are you mocking them or what?

Message of hope.

Good 👍

I pray people get their money back but if they don't, it will still help to learn that there's no easy way out of poverty.

Story, story, story

Another one now that just crashed, just 2 days ago now is adk.

Omor, once they are gone, they are gone.

Effc just wan collect small shares from the cbex and nothing more.

I feel no pity for them, putting millions in a business without due diligence,
I only starting putting money in piggyvest when i found they are ed with SEC

Nigerians will have 24hr power supply before the end of this month.





That’s how real EFCC statement is

Foreigners in collaboration with Nigerians scamming Nigerians. I hope the foreigners names are all mentioned so we can also put topics up for how people from these countries are scammers just like they do to Nigeria.

Message of hope!

This is just like the everyday "Nigeria go better" song.

Lol,Efcc that's investigatIng MBA forex and Chin Mark till today

Thescrutinyng:
The Economic and Financial Crimes Commission (EFCC) has launched a comprehensive investigation into an alleged N1.3 trillion cryptocurrency fraud connected to the now-defunct digital investment platform, CryptoBank Exchange (CBEX).

According to the EFCC, the commission is collaborating with the International Criminal Police Organisation (INTERPOL) to trace local and international suspects involved in the massive scam and get back the monies of those who invested in the scheme.

CBEX, said to have been run by a group of foreign nationals in collaboration with Nigerian partners, abruptly shut down operations on Monday.

The sudden collapse left thousands of investors locked out of their s. Many reported waking up to find their balances wiped, with the platform demanding further deposits before access could be regained.

EFCC spokesperson, Dele Oyewale, revealed that the commission had already begun investigating the platform prior to its collapse, based on credible intelligence reports.

“It would be very irresponsible and unprofessional of the EFCC to say you have lost your money and there is nothing the commission can do about it,” Oyewale said.

“We’re already working with Interpol and international development agencies to ensure that these people are brought to book. Investors are going to get their money back.”

“We had our intelligence before the incident. We were already working on it, but now that the scheme has collapsed, the major actors and their collaborators will be brought in,” he said on Tuesday.

He assured Nigerians that the EFCC is committed to exposing and dismantling Ponzi schemes like CBEX, highlighting that several similar operations are also under active investigation.

“Additionally, there are similar frauds across the country that people are unaware of, and we are working to uncover them. We are on the local collaborators while we are partnering INTERPOL to trace the foreign operators,” Oyewale added.
https://thescrutinyng.com/cbex-we-are-partnering-interpol-to-trace-foreign-operators-efcc/

I have a clue who’s done this. I can give them a serious lead.

That will be so kind of you. You will save a lot of people from untimely death

KosiGee:


I have a clue who’s done this. I can give them a serious lead.

Lies! EFCC will milk them dry

Believe this and you are dumb forever.
Agropartnerships investors chop the same story.



Otilo

The first investment is knowledge. Anything outside it is a gamble. It can go sour anytime. Please take heart

Fake hope .

Edoreborn:
Lori iro...What happened to i will resign if i don't jail yeye bello?

His trial is on going.

They won't get a penny. Foolish people.