Justice Emeka Nwite of the Federal High Court, Abuja, has adjourned the bail application filed by three detained promoters of Crypto Bridge Exchange (CBEX) in the alleged over one billion dollars fraud, until June 30 for ruling. Justice Nwite has scheduled a date to deliver a ruling after hearing arguments from both the Economic and…
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…
The Securities and Exchange Commission (SEC) has uncovered another suspected illegal investment platform identified as TOFRO.COM (Tofro). The Commission raised the alarm in a notice issued made available to newsmen. The Commission warned Nigerians against falling for their tactics to obtain money from them through the promise of unusually high returns.SEC said the suspected investment…
