According to Chukwudi Iwuchukwu, a week after pausing withdrawal, CBEX officially crashed yesterday as the promoters of the Ponzi scheme moved $822,852,811.66 (₦1,337,021,554,889.20 trillion) into a private ETH wallet (cryptocurrency wallet) as users funds disappeared from their wallets and turned to 0.00.
Now, the promoters have locked all their Telegram channels and postponed withdrawals, which they promised users will resume this week.
But gave investors a lifeline—if you have up to $1000 in, you should pay another $200 for verification. If you have less than $1000, you will pay $100 for verification.
To my friends who lost their money to the criminals, sorry, but next time
Stay away from Ponzi businesses.
Again, CBEX is gone. But you know what’s worse? The next platform is coming… and some of you will still fall for it.
Because when you are desperate, deception looks like opportunity. But let me say this clearly…
30% ROI monthly? That’s not business and not a sustainable investment.
100% ROI in 60 days is not an investment, It’s gambling. You play games with your money.
Any platform that makes you rich without educating you on how they create and distribute value is using you.
A good business doesn’t entice you, it will educate you. Please, build your wealth on what you understand and have control, and invest in what you can explain to a 10-year-old.
Don’t be impressed by screenshots of cashouts and testimonials without asking about the business model.
We have to stop being emotionally seduced by numbers that don’t make economic sense. You can’t have a hunger for wealth, without a hunger for financial wisdom.
Let this Cbex be the last ponzi scheme in Nigeria and let it be the pain that wakes us up.
Say NO to Fast Wealth.
