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4 days ago
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- A Nigerian antheral had issued a informing successful March, expressing concerns astir the operations of Cbex, a integer assets trading company
- The man, Ub Edem Uman, had shared a station connected Facebook, alleging that the Cbex trading level mightiness not transcend May earlier crashing
- Earlier successful April, galore radical connected societal media alleged that the Cbex trading level had crashed and that traders' funds were trapped
A Nigerian man's aged station astir Cbex has resurfaced connected societal media aft helium warned that the level mightiness crash.
The man, Ub Edem Uman, had alleged that the extremity was adjacent for the integer assets trading platform.
Source: UGC
According to Ub, helium suspected that the Cbex level might not last longer than May oregon Easter.
He made the station connected March 8, alleging that the level had introduced what helium called a 'six months plan.'
Ub warned users connected the level not to articulation the 6-month plan, alleging that the extremity was adjacent for Cbex.
He said successful the aged post:
"Please if you are connected CBEX, the extremity is precise close. I conscionable heard they introduced a 6 months plan, that is simply a immense reddish flag. It means the strategy is nether accent and they are trying to discourage arsenic galore radical arsenic imaginable from withdrawing. With the Ramadan and Easter celebrations astatine the corner, they MAY not past beyond Easter; they whitethorn past a small longer. Whatever you do, DON'T JOIN THAT 6 MONTHS PLAN, YOU WON'T SEE THAT MONEY AGAIN."
Source: UGC
Is Cbex a ponzi scheme?
Ub alleged that the level was a ponzi scheme. Earlier successful the week, determination were societal media posts alleging that Cbex had crashed.
Looking done the website of the Securities and Exchange Commission (SEC), determination is simply a database of integer assets trading companies, but Cbex was not seen there.
Also, a hunt of the sanction 'Cbex' connected the SEC dedicated portal for concern operators did not output immoderate results. It is not wide if Cbex is simply a registered concern platform.
In a post, an X idiosyncratic identified arsenic Man of Letters said idiosyncratic helium knows had invested connected the platform.
He said:
"Someone told maine astir a 'CBEX' this evening. They invested $1k and person since withdrawn $5k this year. Having done each my checks, the level flies each the flags of a Ponzi scheme. People are cashing retired dependable with nary losses. You cognize what that means? Easter, Ileya oregon Xmas."Reactions to station astir Cbex
Ogundele Sunday Abiodun said:
"You are excessively atrocious for yourself. Introducing Airdrops that volition extremity up paying particulate isn't the mode astatine all. Cbex remains the champion I ever seen successful my life."Ukeme Ikpito said:
"You should beryllium ashamed of yourself, you travel online to spray fake accusation connected thing you cognize thing about. Do you cognize the fig of lives and families ST/CBEX has help, a Ponzi strategy arsenic you called it arsenic survived galore Christmases and festive play without crashing arsenic you claimed."Agbesuyi Olaitan said:
"Ponzi strategy astir ruined maine successful 2021...I would alternatively workplace airdrops than engaging myself successful ponzi."Man designs replica of Opay banking app
A Nigerian tech enthusiast has designed a replica of the Opay banking app that looks precisely similar the archetypal version.
Hameed Afolabi, who is simply a UX designer, recreated the Opay banking app and captured the attraction of merchandise designers.
The Opay banking app helium designed has antithetic features, including the disposable equilibrium section, which shows implicit N1 million.
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Source: Legit.ng
