
Court Approves EFCC Arrest of CBEX Promoters Over Alleged $1 Billion Crypto Investment Fraud.
The Federal High Court in Abuja has granted the Economic and Financial Crimes Commission (EFCC) the go-ahead to arrest and detain six promoters of Crypto Bridge Exchange (CBEX) over an alleged cryptocurrency investment scam exceeding $1 billion. Justice Emeka Nwite delivered the ruling on Thursday following an ex parte motion filed by EFCC counsel, Fadila…