The Securities and Exchange Commission (SEC) has reiterated that Crypto Bridge Exchange (CBEX), operating under the name ST Technologies International Ltd.—also known as Smart Treasure or Super Technology—remains banned from conducting business in Nigeria.
In a public notice issued on Wednesday, the Commission clarified that neither CBEX nor its affiliated entities are registered with or authorised by the SEC to offer any investment-related services to the Nigerian public.
The public has been strongly advised to avoid engaging with CBEX or its associated entities to avoid potential financial losses.
Furthermore, SEC urged Nigerians to always verify the registration status of investment platforms via its official portal: www.sec.gov.ng/cmos.
The Commission reaffirmed its commitment to safeguarding investors and ensuring the integrity of Nigeria’s capital market.
