According to circulating reports, the platform became inaccessible after users experienced difficulties withdrawing their funds.
Some Nigerian women have broken down in tears after reportedly losing millions of naira to CBEX, a digital trading platform that recently crashed.
The women took to different social medai platforms to lament after losing their money.
They were seen crying and lamenting that they were unable to withdraw their funds.
Many later discovered that their account balances had been wiped to zero.
CBEX had positioned itself as a high-yield investment platform, promising users a 100% return on investment within one month. Investments were made strictly in U.S. dollars.
The crash has sparked a wave of emotional reactions online, with many investors expressing regret and frustration over their losses.
In a video shared on social media, some women are seen lamenting their experiences.