Senate probes ponzi schemes, CBEX collapse

[Vanguard - Nigeria] - 9/07/2025
The Senate has launched a comprehensive investigation into the operations of Ponzi schemes in Nigeria, with specific reference to the recent collapse of the Crypto Bullion Exchange (CBEX), which reportedly defrauded Nigerians of over ₦1.3 trillion (approximately $847 million). The post Senate (…)
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