- A Nigerian pistillate cried arsenic she mislaid her full savings to Cbex integer trading level aft it crashed
- Many radical connected societal media alleged that the Cbex trading level had crashed and that traders' funds were trapped
- The pistillate said she utilized her wealth she made successful Libya and her friends’ wealth to put successful the platform
A Nigerian pistillate named Bolarinwa cried bitterly aft losing her full savings to the Cbex online trading app.
She shared however overmuch she utilized to commercialized successful the integer assets trading company, Cbex, which allegedly crashed.

Source: TikTok
In a video reposted by @bigappletv5 connected TikTok, the pistillate who was interviewed stated that she invested $1000 (N1.6 million) successful the platform.
According to her, $200 was her money portion she collected the remaining from her friends.
Woman who returned from Libya loses savings
Bolarinwa recounted however she struggled successful Libya to stitchery wealth and however her neighbour introduced her to the scheme.
She said:
“I went to Lybia to work. We were fighting,doing everything successful Lybia. When I came back, my neighbour told maine that if I bash the scheme, it would assistance me, that I should spell and find the money…She said if I put the money, I volition get times 2 of it.”Watch the video below:
Cbex: A Ponzi strategy oregon trading platform?
A antheral connected Facebook who predicted the clang of the app claimed that Cbex, which posed arsenic a integer assets platform, was a ponzi scheme.
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.
The SEC told Legit.ng that it had warned Nigerians against trading connected platforms not registered successful its database.

Source: TikTok
Reactions arsenic pistillate loses savings to Cbex
Prince Hamdan bin Mohammed said:
"To america wey broke to the grade we nary sabi cbex May God retrieve us."@Wartemberg said:
"How tin you put successful 1 institution each your monetary assets?? its wholly incorrect and greediness..or they did radical juju?? adjacent successful legiment deals you don't put your all."@Enohbaby said:
"I consciousness truthful bittersweet for her."@<Joicy said:
"Una wan crook billionaire overnight. I'm not atrocious for immoderate one."@Richard marvince said:
"Imagine kuda,PalmPay,monie constituent and opay decides to what cbex did …. what volition happen. E nary spell comic astatine all."@K.K.K inferior said:
"Me mode broke mode nary adjacent sabi this cbex convey deity o MMM NAH 3m them transportation go."Lady loses schoolhouse fees to Cbex
In a related communicative by Legit.ng, a Nigerian woman who used her schoolhouse fees to commercialized successful a integer assets trading company, Cbex, has cried retired implicit her loss.
The woman shared however overmuch she enactment into the app and was amazed to spot that her wealth was gone.
Many who came crossed her viral video sympathised with her and shared akin experiences.
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Source: Legit.ng