Although the stolen funds were in cryptocurrency, the EFCC has traced and recovered part of the money.
The Economic and Financial Crimes Commission (EFCC) has made progress in recovering stolen cryptocurrency funds connected to the Crypto Bridge Exchange (CBEX) fraud. The agency announced this development along with updates on arrests related to the case. The EFCC disclosed that the CBEX platform scam involved a staggering N1.3 trillion. This information was revealed by […]
CBEX:’You never told anybody when you were getting 100%’ – EFCC boss slams investors
The chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has responded to the ongoing outcry over the failed investment platform, Crypto Bridge Exchange (CBEX), calling it a complex international fraud involving foreign suspects. During a recent interview on Channels Television, Olukoyede shared updates on the EFCC’s investigation into the scam that has […]