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The alleged crypto Ponzi scheme lured some 20,000 investors with false promises and raised over $190 million from them.
A Brazilian court has sentenced the men behind Bitcoin investment scam Braiscompany to a combined 170 years behind bars.
More details have emerged on how promoters of the fraudulent Ponzi scheme, Crypto Bridge Exchange, aka CBEX, convinced hundreds of thousands of investors to put money into the trading platform.
19h
The Punch on MSNPonzi scams: CBEX crash highlights need for public awareness, investment regulationI was sure that CBEX was my breakthrough,” said Adekemi Fakoya, a 28-year-old employee with a side hustle, which she would ...
The leaders of a Brazilian crypto Ponzi scheme have reportedly been handed a combined sentence of over 170 years behind bars.
8h
Pulse Nigeria on MSNCBEX: 6 Ponzi scheme red flags every Nigerian should knowPonzi schemes like CBEX have repeatedly exploited gaps in financial literacy and regulatory enforcement, inflicting deep ...
Two Estonians accused in a $577 million Ponzi scheme were caught between an order from the DHS to self-deport and a state court order to stay in King County.
Elon Musk and the newly created Department of Government Efficiency (DOGE) are on a mission to eliminate waste from the ...
Ibadan-based Fuji musician Alhaji Taye Adebisi, better known as Taye Currency, has recounted how he lost N10 million ...
5h
Independent Newspaper Nigeria on MSNCBEX: Popular Nigerian Fuji Musician, Taye Currency Reveals How He Lost N10m To Ponzi SchemeIBADAN – Popular Nigerian Fuji musician, Taye Currency, has revealed that he lost ₦10 million to the controversial CBEX Ponzi scheme. Speaking during a live stage performance, the Fuji star disclosed ...
11h
The Punch on MSNVIDEO: ‘I lost N10m investment in CBEX,' Fuji musician Taye Currency lamentsFuji musician, Alhaji Taye Adebisi, popularly known as Taye Currency, has recounted how he lost N10 million to an alleged Ponzi scheme operated by Crypto Bridge Exchange, popularly called CBEX.In a ...
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