N1.3tn CBEX Scam: EFCC Declares Two Wanted


 

The Economic and Financial Crimes Commission (EFCC) has declared two individuals, Folashade Odelana and Bamidele Ayodele Abiodun, wanted over their alleged involvement in a massive N1.3 trillion crypto scam on the Crypto Bridge Exchange (CBEX) platform.

CBEX promised investors their deposit balances would double within 40 days, but the platform collapsed in April, leaving thousands devastated. The EFCC has been investigating, tracing, and recovering stolen funds.


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Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

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