CBEX Reviews & News: Investors Can Trace Their Lost Funds (Update Released)

InvestorWarnings.com has issued a new update on the CBEX case.

Trace Your Lost Funds Here:

https://www.investorwarnings.com/warnings/get-expert-assistance-on-your-case/

CryptoBridge Exchange, widely referred to as CBEX, is an unregulated crypto investment platform marketed as an AI-driven trading service under names like ST Technologies International Ltd, Smart Treasure, or Super Technology. Despite its flashy marketing and early success, it lacks regulatory authorization in major markets-most notably Nigeria-and operates outside established legal frameworks.

Promotional Claims & Investor Experience

CBEX launched in Nigeria around July 2024 with promises of sky-high returns-up to 100% profit in 30-45 days, powered by "AI-hosted trades." Initial payouts were delivered to early investors, who escalated the platform's rapid growth via referrals. However, by April 2025, withdrawal functionalities were suddenly blocked, with users unable to access their funds, and the site eventually went defunct, leaving many investors empty-handed.

Withdrawal Fees & Ongoing Fraud Tactics

Despite regulatory crackdowns, CBEX resurfaced, continuing to accept new registrations and funds. Yet withdrawals are restricted: users are reportedly charged $200 for balances above $1,000 and $100 for smaller amounts to access their money, an illegal fee structure under Nigerian law.

Official Warnings & Regulatory Action

Nigeria SEC (April & June 2025): Declared CBEX unlicensed and instructed investors to refrain from using the platform, citing unauthorized operations and illegal withdrawal fees.

EFCC: Opened investigations and flagged CBEX promoters, including several arrested suspects linked to a ₦1 billion (~$1.3 million) fraud.

CediRates / AInvest: Published national alerts emphasizing that the fees requested were unlawful, violating the 2025 Investments & Securities Act.

Scale, Collapse & Social Unrest

At its peak, CBEX onboarded over 600,000 users and reportedly managed ₦1.2-1.3 trillion (~ $840 million) in investments. When withdrawals stopped in April, scenes of vandalism and office ransacking in Lagos and Ibadan followed, reflecting widespread outrage.

Human Cost

One victim shared how a simple USDT withdrawal of 500 failed after 24 hours, resulting in a loss of ₦4,596 USDT (~ USD 4,600) in savings, despite CBEX citing "excessive volume" for the delay. Researchers highlight how financial hardship, social pressure, and the promise of fast gains make such platforms predatory, preying on vulnerable individuals.
Thus, CryptoBridge Exchange (CBEX) displays every hallmark of a Ponzi scheme:

Unlicensed operations and deceptive branding
Unrealistic guaranteed returns and heavy reliance on new investor funds
Sudden freezes and hefty withdrawal demands

Regulatory intervention and criminal investigations
Despite repeated reboots, CBEX remains a fraudulent platform with compelling evidence of wrongdoing. Anyone enticed by such promises risk losing their investments entirely.

Trace Your Lost Funds Here:

https://www.investorwarnings.com/warnings/get-expert-assistance-on-your-case/

Facts About CBEX

What is CBEX?

CryptoBridge Exchange, commonly known as CBEX, operates under names like ST Technologies International Ltd, Smart Treasure, or Super Technology. It's presented as an AI-powered digital asset trading platform but lacks registration or authorization with Nigeria's SEC or equivalent regulatory bodies. Despite claims of global operations (including the UK and Kenya), CBEX has no official license to offer investment services.

Promises and Early Growth
Launched in mid‐2024, CBEX attracted users with promises of up to 100% profit in 30-45 days via "AI-hosted trades." Early investors did receive payouts, fueling aggressive word‐of‐mouth growth and referral-driven sign-ups. At its peak, the platform had over 600,000 users and reportedly managed between ₦1.2-1.3 trillion (~ USD 800 million) in investments.

Withdrawal Fees and Frozen Accounts
By April 2025, CBEX began halting withdrawals, citing vague issues like "security breaches" or audits. When withdrawals resumed, users were forced to pay $200 for balances above $1,000 or $100 for smaller accounts-a clear violation of Nigerian securities law. Many also reported that older accounts had their balances wiped, while new ones were allowed limited withdrawals.

Official Warnings and Enforcement
The Nigerian Securities and Exchange Commission (SEC) issued formal alerts in June 2025, stating that CBEX was illegal, unregistered, and in breach of the Investments & Securities Act 2025. The SEC is actively working with law enforcement agencies to investigate promoters and potential fraud.

Additionally, the Economic and Financial Crimes Commission (EFCC) has labeled CBEX a Ponzi scheme, opened an investigation, and listed senior promoters-including foreign nationals like Elie Bitar-as wanted for fraud totaling approximately ₦1.2 trillion.

Public Backlash & Human Impact
As the crisis unfolded in April, frustrated investors vandalized CBEX offices in Lagos and Ibadan. Many users lost life savings, with one account hack reportedly prompting hidden garment printing practices and a community activist describing, "It is very hard... If I wasn't greedy, I should have been able to withdraw two to three times." aljazeera.com.
While some media reports mention losses reaching $822 million, blockchain tracking indicates deposits totaled around USD 6.1 million, suggesting that actual losses may be lower but still substantial.

CryptoBridge Exchange (CBEX) demonstrates every hallmark of a high-risk Ponzi scheme:
Unlicensed operations
Fixed high ROIs
Forced withdrawal fees
Frozen or wiped accounts

Regulatory sanctions and criminal investigations
Investors are strongly urged to avoid CBEX, confirm that platforms are officially registered, and report suspicious schemes to authorities. CBEX stands as a stark reminder of the perils inherent in unregulated, referral-dependent crypto ventures.

Trace Your Lost Funds Here:

https://www.investorwarnings.com/warnings/get-expert-assistance-on-your-case/

Things To Consider When Investing Online

In today's fast-paced digital world, online investing has become more accessible than ever before. With just a smartphone or laptop, anyone can participate in financial markets, invest in startups, trade cryptocurrencies, or buy shares from around the globe. While this convenience is empowering, it also presents unique risks. Before investing your money online, it's crucial to understand what you're getting into. Here are the most important factors to consider.
First and foremost, always verify the legitimacy of the platform. With the increasing number of online investment services, not all are trustworthy. Make sure the platform is registered with a recognized financial regulatory body in your country, such as the SEC in the United States, the FCA in the United Kingdom, or equivalent organizations elsewhere. A quick online search or check on a regulator's website can save you from falling victim to fraud.

Next, evaluate the platform's security features. Since you'll be sharing sensitive personal and financial information, ensure the website uses encryption protocols like HTTPS, offers two-factor authentication (2FA), and has a clear privacy policy. Reliable platforms often partner with reputable payment processors and have transparent procedures for deposits and withdrawals.

Understanding how the investment works is just as important as choosing a secure platform. Many frauds hide behind complex jargon or promises of guaranteed profits. Avoid services that lack transparency about how your money is invested. Whether it's stocks, crypto, real estate, or peer-to-peer lending, you should clearly understand the risk-reward structure before making any commitment.

Another key point to consider is the fee structure. Some platforms charge hidden fees that can eat into your returns. Always read the terms and conditions carefully, looking for information on account maintenance fees, transaction fees, withdrawal penalties, and minimum balance requirements. A platform that isn't upfront about its costs is a red flag.
Take time to research user reviews and feedback. Platforms like Trustpilot, Reddit, and Quora often have real user experiences that can shed light on a company's performance, customer service, and reliability. A pattern of unresolved complaints, especially around blocked withdrawals or poor communication, should be taken seriously.

Additionally, be cautious of platforms that rely heavily on referral programs or that require you to invite others to unlock features or access your earnings. These are signs of pyramid or Ponzi schemes rather than legitimate investment opportunities. Real investing doesn't require recruiting other users.

Customer support is another indicator of a platform's trustworthiness. Before depositing any funds, try contacting their support team with a simple question. How quickly they respond can give you an idea of how they'll handle more serious issues later on.

Finally, it's always wise to start small. Even if a platform looks legitimate, testing it with a small amount will help you gauge how it works in practice, especially when it comes to making withdrawals. Never invest more than you can afford to lose, and consider diversifying your investments across multiple platforms or asset classes to reduce risk.

In conclusion, while online investing offers exciting opportunities to grow your wealth, it also demands caution, research, and good judgment. By being thorough and skeptical, you can avoid pitfalls and make smarter, safer decisions with your money.

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About InvestorWarnings.com

InvestorWarnings.com is a leading platform that exposes fraudulent investment schemes in the cryptocurrency, forex, and financial sectors. Their mission is to educate consumers, assist fraud victims, and prevent further financial schemes through awareness and expert guidance.

This release was published on openPR.