CBEX investors rejoice as frozen funds return amid EFCC probe

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Traders are now able to access their accounts and resume trading with renewed assurance, following weeks of tension and uncertainty.

Crypto Bridge Exchange (CBEX) users are regaining access to previously frozen accounts, sparking cautious optimism after weeks of protests and an EFCC investigation into the platform’s collapse.

The embattled exchange, which promised 100% ROI through AI trading, had locked investors out in April 2025 after zeroing balances. EFCC Chairman confirmed partial fund recovery during investigations that led to arrests, though full account functionality remains uncertain.

While trading resumes, skepticism persists given CBEX’s history of flashy offices in Lagos/Ibadan and multi-level referral schemes that attracted thousands before its abrupt collapse. The anti-graft agency continues tracing additional assets.

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