Earlier this year, the cryptocurrency space was negatively impacted by the collapse of CBEX, a supposed trading platform that defrauded investors of nearly $1 billion. This high-profile Ponzi scheme ...

Following CBEX's collapse, Kenya's Capital Markets Authority issued an 'Investor Alert' about unregulated platforms - Copyright AFP Kirill KUDRYAVTSEV Following CBEX ...

The crash, which occurred on Monday, April 14, triggered widespread outrage. Distraught investors flooded social media platforms like X and TikTok, sharing stories of vanished life savings and unpaid ...

The crave for cheap money by Nigerians, especially the youths, is now making them victims of Ponzi schemes across the country, experts have said. Even though people have fallen victims of previous ...

The platform is reportedly now allowing new users to register, trade, and make withdrawals, even as over 600,000 Nigerians await access to their trapped funds. According to The Punch, CBEX recently ...

Embarrassed and in debt, Edwin was left reeling after losing $16,000 to CryptoBridge Exchange (CBEX), one of the crypto-trading platforms preying on investors in Africa. Edwi... Embarrassed and in ...

NAIROBI: Embarrassed and in debt, Edwin was left reeling after losing US$16,000 (RM67,464) to CryptoBridge Exchange (CBEX), one of the crypto-trading platforms preying on investors in Africa. Edwin, a ...

Abby, another Kenyan investor, carries the guilt of introducing 25 family and friends to CBEX. "(They) invested so much, and it all disappeared," he told AFP. "I would really love to help them recover ...

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Embarrassed and in debt, Edwin was left reeling after losing $16,000 to CryptoBridge Exchange (CBEX), one of the crypto-trading platforms preying on investors in Africa. Edwin, a Kenyan government ...