SEC DG States No Recovery for Victims of N1.3 Trillion Lost in CBEX Ponzi Schem
SEC DG States No Recovery for Victims of N1.3 Trillion Lost in CBEX Ponzi Scheme
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has confirmed that the Commission is unable to assist victims of the CBEX Ponzi scheme in recovering their lost investments.
CBEX, also known as Crypto Bridge Exchange, shut down suddenly last Monday, taking an estimated N1.3 trillion from around 600,000 investors.
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