CBEX Scam: EFCC Declares Two More Wanted

The Economic and Financial Crimes Commission (EFCC) has declared two additional individuals wanted in connection with a multi-million naira fraud case linked to Crypto Bridge Exchange (CBEX), a digital trading platform.

The suspects, identified as Folashade Odelana and Bamidele Ayodele Abiodun, were accused of orchestrating fraudulent activities that reportedly led to significant financial losses for unsuspecting investors.

In a notice published across its official social media platforms on Wednesday, June 4, the anti-graft agency asked members of the public with useful information on the whereabouts of the suspects to come forward.

The EFCC emphasised its commitment to tracking down individuals involved in cyber-related financial crimes, especially within the rapidly growing digital asset space.

Earlier in April, the digital asset trading platform ‘’collapsed'' and subsequently swept over N1.3 trillion from investors’ wallets, leaving many Nigerians devastated.