Name: EFCC Traces CBEX Funds to 4 Countries, Full Recovery Futile
Uploaded: 2025-05-02T08:07:50+00:00
Channel: Marget Oshinowo
Description: Nigeria — The Economic and Financial Crimes Commission (EFCC) said it has traced funds linked to the failed crypto bridge exchange (CBEX) scheme to at least four countries. Speaking on a Channels Television programme on Wednesday night, EFCC chairman, Ola Olukoyede, said although efforts are underway to recover the stolen funds, full restitution to victims

EFCC Traces CBEX Funds to 4 Countries, Full Recovery Futile

Marget Oshinowo3 weeks ago03 mins

Nigeria — The Economic and Financial Crimes Commission (EFCC) said it has traced funds linked to the failed crypto bridge exchange (CBEX) scheme to at least four countries. Speaking on a Channels Television programme on Wednesday night, EFCC chairman, Ola Olukoyede, said although efforts are underway to recover the stolen funds, full restitution to victims…

Investment Platforms Face 10-yr Jail Term, SEC Cracks Down

Marget Oshinowo1 month ago05 mins

Oyo, Nigeria — Nigerians have taken to social media to express frustration over the recent crash of a high-yield investment platform, CBEX, which netizens have widely described as “MMM Pro Max.” It was reported that a group of angry individuals stormed the CBEX office in the Oke-Ado area of Ibadan, Oyo State, on Monday evening,…

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EFCC Traces CBEX Funds to 4 Countries, Full Recovery Futile

Investment Platforms Face 10-yr Jail Term, SEC Cracks Down