CBEX crypto firm reboots despite $940m fraud claim

BDDIGITALASSET

CBEX, a digital investment platform, offered investors 100 percent profit after 30 days of purported AI trading.

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Despite being declared a ponzi scheme and its key staffers being on the run over alleged $940 million digital trading fraud, Crypto Bridge Exchange (CBEX) has resumed operations in Nigeria, announcing fresh withdrawal options.

The fraud, which the anti-corruption watchdog Economic and Financial Crimes Commission (EFCC) said affected more than 600,000 Nigerian investors, is back in operation to restore investor confidence. Some of its wanted staff earlier surrendered to the authorities.