The platform attracted thousands of people by providing 100%revenue in just 30 days. Many people joined, hoping to avoid financial struggles. But there was a trap behind the promise.
In early April 2025, CBEX suddenly collapsed. It closed it telegram Group, withdrawal, and requested the user for $ 100-$ 200 “OK” to access funds. Most people have never seen money again.
According to OnlineThe deposit almost disappeared immediately. Angry investors attacked the CBEX office in Iva Dan, and others shared frustration on social media. Tearing videos and warnings are rapidly spread online.
According to the report, the total damage is over $ 800 million. This incident is currently compared with the infamous MMM plan that hit Nigeria in 2016.
Independent password investigators Spector tracked CBEX’s tasks using blockchain data. The funds moved through the TRON network, switched to USDT and USDD, and then moved to large exchanges such as OKX and OKX. of course.
SPECTER’s report also exposed some Nigerian telegram managers who connect CBEX to Huione Pay in Southeast Asia and are involved in fraud.
In order to make matters worse, some user’s personal data may have been leaked to Darknet. Just as the victim demands justice, the authorities are now under pressure to act quickly.