August 4, 2025

crypto Investment Scam

EFCC General

EFCC Drags CBEX Operators to Court Over Alleged $1 Billion Crypto Investment Scam

The Economic and Financial Crimes Commission (EFCC) has formally arraigned two operators of the embattled Crypto Bridge Exchange (CBEX), Avwerosuo Otorudo and Chukwuebuka Ehirim, before the Federal High Court in Abuja over their alleged involvement in a staggering $1 billion cryptocurrency investment fraud. The accused appeared before Justice Mohammed Umar on Monday, facing a three-count

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