News

CBEX Allegedly Resurfaces, Asks Nigerians to Pay $200 to Access ‘Restored’ Investments

Published by Tope Fakinlede on June 11th, 2025.

CBEX Allegedly Resurfaces, Asks Nigerians to Pay $200 to Access ‘Restored’ Investments

After weeks of silence following its abrupt disappearance with large sums of money belonging to Nigerian investors, the controversial digital platform Crypto Bridge Exchange (CBEX) appears to have resumed operations—raising new concerns about its intentions.

Multiple investors report being encouraged to revisit their CBEX accounts, with claims circulating that previously lost funds have been “restored.” One user told Peoples Gazette they were surprised to see their account balance reappear, supported by a screenshot showing the supposed recovery of funds.

However, this apparent comeback comes with a catch: users are now being asked to pay $200 to “reactivate” their accounts before they can access or withdraw any money. The move has raised suspicion among victims and watchdogs alike, who view it as yet another ploy by the operators to extract more money from those already defrauded.

CBEX had previously gone dark without warning, leaving countless Nigerians stranded and sparking outrage over the lack of regulation and protection in the country’s digital investment space.