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/

Regulatory Warnings Against CBEX

The Securities and Exchange Commission of Nigeria (SEC) has issued urgent warnings regarding CBEX, also operating under aliases such as Crypto Bridge Exchange, ST Technologies International Ltd, Smart Treasure, and Super Technology. The platform is not registered or licensed to offer digital asset or investment services in Nigeria, yet it has been aggressively promoting and soliciting funds from the public.

Regulatory Notices and Investigations
On April 17, 2025, the SEC officially clarified that neither CBEX nor its affiliated entities have ever been granted a license to operate as digital asset trading platforms or to solicit investment from Nigerian investors. Despite this, promotional campaigns continued, offering guaranteed high returns and aggressive marketing that mimicked legitimate investment platforms.

Further enforcement notices reveal that CBEX suspended withdrawals and shut down physical offices amid growing investor complaints, prompting ongoing collaboration between the SEC and Nigerian law enforcement for potential prosecution under the newly enacted Investments and Securities Act 2025.

Key Issues and Allegations
Upfront withdrawal fees: Subscribers were reportedly forced to pay $200 (for balances over $1,000) or $100 (for lower balances) before being allowed to withdraw funds-raising serious concerns of extortion and fraud.

Improbable returns and false legitimacy: CBEX relied on misleading endorsements and marketing tactics to lure unsuspecting investors with promises of rapid, high-yield profits.

Investor losses exceed millions: Public reporting and forensic investigations suggest CBEX may have defrauded users of hundreds of millions of dollars, with one case alone involving a loss of $16,000.

Why This Matters

Unknown ownership: CBEX's corporate identity and leadership remain opaque, seriously limiting accountability.
Unregulated operations: Investors in Nigeria and abroad lack recourse-regulatory bodies do not supervise CBEX, meaning recovery of lost funds is highly unlikely.

Legal consequences: Under the ISA 2025, operating a digital asset exchange or Ponzi-style platform without registration can attract penalties including up to N20 million fines or 10-year prison sentences.

Official Warnings to the Public
Consumers are strongly advised to avoid any interaction or transactions with CBEX, Super Technology, Smart Treasure, or ST Technologies International Ltd. The SEC recommends prospective investors verify the registration status of platforms via the official portal (www.sec.gov.ng/cmos) before investing. Those with outstanding investments or concerns should report them immediately to Nigerian authorities.

Trace Your Lost Funds Here:

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

Facts About CBEX

CBEX, also known as Crypto Bridge Exchange, purported to be a digital asset trading platform targeting investors in Nigeria (and reportedly Kenya), through its corporate identity being ST Technologies International Ltd, also known as Smart Treasure or Super Technology. It claimed to offer AI-powered cryptocurrency trading with high-yield returns. But key facts emerging through regulatory disclosures and financial investigations make it clear that CBEX was not a legitimate or registered investment service.

No Regulatory Registration or Authorization
The Securities and Exchange Commission of Nigeria (SEC) has confirmed that CBEX and all related aliases never held any license or registration to operate as a digital asset exchange, solicit investments, or provide financial services under the Investments and Securities Act 2025. The platform actively misrepresented its legitimacy through promotional campaigns and false endorsements.

Operational Collapse & Ongoing Enforcement
CBEX abruptly suspended operations in mid-April 2025, wiping out user balances and shutting physical offices without notice. Despite this, CBEX later quietly resumed operations, demanding withdrawal fees of $200 for accounts over $1,000 and $100 for smaller balances before allowing access to funds-a practice explicitly illegal under Nigerian securities law.

Scale of Loss and Investor Impact
Initial reports indicate that over 600,000 Nigerians invested in CBEX before the collapse during April, with estimated losses ranging from $6 million to claims of hundreds of millions or ₦1.3 trillion (~$822 million). While Techpoint's blockchain analysis estimated roughly $6.1 million in tracked deposits, broader social and media reports suggest higher figures, though many remain unverified.

Fraudulent Techniques and Money Laundering
Investigations reveal that CBEX employed chain‐hopping and cross‐chain bridging of user-deposited funds (e.g., USDT moving from Tron to Ethereum then back) to obscure the financial trail-a known money-laundering tactic. Analytical firm Elliptic reported that even while operating, CBEX was structuring multi-stage bridging transfers to launder funds across wallets and exchanges.

Legal Risks and Legislative Powers
Nigerian authorities have enacted the Investments and Securities Act 2025, granting the SEC expanded powers to prosecute operators of unregistered investment schemes. Offenders face prison sentences of up to 10 years or fines up to $40 million (or more under revised rules). Enforcement actions against CBEX promoters and affiliates are currently underway, involving collaboration with law enforcement agencies.

Why This Matters: Public Safety and Regulatory Lessons
CBEX had no verifiable license, and the public had no legal recourse against it.

It actively created a false veneer of legitimacy, including issuing fake partnership or certification claims.
Victims were often induced through referral bonuses, speculative signals, and promises of AI-driven returns, only to lose access to their principal after deposit.

Trace Your Lost Funds Here:

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

Things To Consider When Investing Online

In an increasingly digital world, online investing has become more popular than ever. Whether it's stocks, cryptocurrencies, mutual funds, forex, or real estate crowdfunding, the internet offers investors unprecedented access to global markets. However, this convenience comes with increased exposure to risks such as fraud, misinformation, and unregulated platforms.

Before you commit your money to any online investment, it's important to make informed, careful decisions. Here are key factors every investor should consider:

1. Check Regulatory Status
The first and most critical step is to verify whether the platform is licensed and regulated by a reputable financial authority. This could be:
The Securities and Exchange Commission (SEC) in the U.S.
The Financial Conduct Authority (FCA) in the U.K.
The Australian Securities and Investments Commission (ASIC)
Your country's own financial regulator
Regulated platforms are held to strict standards and offer investor protections, including dispute resolution and security requirements.

2. Research the Company Behind the Platform
Always look into the company's background. A legitimate platform should publicly disclose:
Its registered business name and license number
Headquarters or office locations
Executive team or leadership structure
Privacy policies and legal terms
If a platform provides vague information or no contact details at all, it's a red flag.

3. Understand the Investment Product
Don't invest in anything you don't understand. Whether it's stocks, cryptocurrencies, forex, or derivatives, you need to know:
What the investment is
How it makes money
What risks are involved
Whether it's long-term, speculative, or income-generating
Never rely solely on platform marketing. Do your own independent research or consult a financial advisor.

4. Review Fees, Terms, and Withdrawal Policies
Carefully read the fine print. Understand:
Deposit and withdrawal terms
Any maintenance or transaction fees
Minimum investment amounts
Penalties for early withdrawals (if applicable)
Fraud platforms often hide fees or make it difficult to withdraw funds once deposited.

5. Be Wary of Unrealistic Promises
Be cautious if the platform guarantees:
High daily or weekly returns
No risk or losses
"Secret" trading algorithms or AI strategies
Referral bonuses for bringing in new investors
These are classic hallmarks of Ponzi schemes and high-risk platforms.

6. Start Small and Test the Platform
Before committing large amounts of capital, start with a small test investment. This allows you to assess:
Ease of use
Customer service responsiveness
Actual performance vs. promised results
The withdrawal process and timelines
Only scale your investment once you've verified the platform is reliable.

7. Prioritize Security and Privacy
Online investing involves sharing sensitive personal and financial information. Ensure the platform offers:
Secure encryption (HTTPS)
Two-factor authentication (2FA)
Cold wallet storage for cryptocurrencies
Robust privacy policies
Avoid platforms that request unusual permissions or access to your mobile device or personal accounts.

8. Read Reviews and Real User Experiences
Search for reviews on independent platforms like:
Trustpilot
Reddit (e.g., r/investing or r/frauds)

Consumer complaint forums
Look for patterns of complaints such as withdrawal issues, account freezes, or loss of funds. Be skeptical of platforms with only overly positive reviews or testimonials.

9. Avoid High-Pressure Sales Tactics
If you're being rushed to invest, pressured to deposit more funds, or told about a "limited time opportunity," it's likely a fraud. Reputable platforms and advisors will never coerce you into investing.

10. Know Where to Report Suspicious Activity
If you suspect fraud or illegal behavior, report it to:
Your national financial regulatory authority
Local law enforcement
Fraud reporting websites (e.g., IC3.gov, SEC Tips, or Action Fraud UK)
Prompt reporting can help protect others and may aid in investigations or recovery.

Online investing can be a valuable way to build wealth-but only if approached with caution, research, and skepticism. By taking the time to verify a platform's legitimacy, understand the investment, and protect your personal information, you can significantly reduce your exposure to fraud and costly mistakes.

Zarhin Street 13, Tel Aviv 52136

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.