Global Hunt Begins As Interpol Backs EFCC Probe Into CBEX Scam
The Economic and Financial Crimes Commission (EFCC) has launched a comprehensive investigation into an alleged N1.3 trillion cryptocurrency fraud connected to the now-defunct digital investment platform, CryptoBank Exchange (CBEX).
According to the EFCC, the commission is collaborating with the International Criminal Police Organisation (INTERPOL) to trace local and international suspects involved in the massive scam.
CBEX, said to have been run by a group of foreign nationals in collaboration with Nigerian partners, abruptly shut down operations on Monday.
The sudden collapse left thousands of investors locked out of their accounts. Many reported waking up to find their account balances wiped, with the platform demanding further deposits before access could be regained
