Several Nigerians have continued to count their losses after reportedly losing millions of naira to CBEX, a digital trading platform that recently crashed.
According to circulating reports, the platform became inaccessible after users experienced difficulties withdrawing their funds. Many later discovered that their account balances had been wiped to zero.
A crowd of enraged individuals stormed the CBEX office in the Oke Ado area of Ibadan, Oyo State yesterday night, looting furniture and other valuables, following the reported collapse of the digital trading platform.
Eyewitnesses reported that the mob forcefully gained access to the office, making away with office items including tables, couches, and electronic equipment.
The unrest was sparked by the sudden shutdown of the platform, which allegedly wiped out the account balances of numerous users, leaving many investors devastated and without access to their funds.
The digital trading platform crashed on Monday after the money in their investors’ wallets vanished.
CBEX is a digital trading asset platform that gives investors 100 per cent Return On Investment in 30 days. Its purported goal was to create a secure, transparent environment for transactions.
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