The Crypto Bridge Exchange (CBEX) trading platform has resumed operations despite the probe launched by the Economic and Financial Crimes Commission (EFCC) over alleged N1.2 trillion digital fraud.
The development was disclosed by two traders on Wednesday, who added that the platform announced fresh withdrawal options to restore investor confidence following the infamous crash of the platform.
Per the report, CBEX quietly resumed operations, with new users now allowed to register, trade, and withdraw profits amid ongoing investigations by regulatory agencies.
It was also gathered that existing investors who have been unable to access their funds for weeks will be able to take out their funds starting from June 25, 2025.
The above date is when the audit will be concluded by an insurance firm based in the United Kingdom.
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CBEX has been declared illegal by the EFCC and the Securities and Exchange Commission (SEC).
The digital trading platform offers investors 100 per cent profit after 30 days of purported AI trading.
No less than 600,000 Nigerians who reportedly invested in the scheme lost N1.2 trillion after it collapsed on April 14, 2025.
Credit: The Sun
