Many Nigerians have taken to social media to share heartbreaking stories of how their account balances mysteriously vanished on CBEX, a popular digital trading platform.
In what’s now being referred to as a digital heist, users claim they lost access to their funds overnight. Some investors allege that their balances were completely wiped out without warning or any clear explanation from the platform.
“I woke up to see my account reading zero. My savings, my capital, everything gone,” one victim lamented on X (formerly Twitter).
The widespread losses have sparked a wave of panic and renewed conversations about the safety of digital investment platforms in Nigeria. Many are now calling on the Securities and Exchange Commission (SEC) and other financial regulatory bodies to investigate the activities of CBEX.
Some users claim they were lured into the platform with promises of high returns, only to watch their investments disappear within weeks.
As the dust settles, experts are advising Nigerians to do due diligence before investing in online trading platforms. They also recommend only using platforms that are properly registered and regulated within the country.
Click here to read more news
