NewStats: 3,263,788 , 8,181,406 topics. Date: Saturday, 07 June 2025 at 10:30 PM 5f4z2j

The Economic and Financial Crimes Commission (EFCC) has declared two suspects wanted in connection with the alleged N1 billion cryptocurrency scam linked to Crypto Bridge Exchange (CBEX).

In a on Wednesday, the commission identified the wanted persons as Folashade Odelana and Bamidele Ayodele Abiodun.

According to the notice, the last known address of the suspects is No. 17 Oremeta Street, Allen Avenue, Ikeja, Lagos.

The anti-graft agency urged of the public with useful information on their whereabouts to any of its offices nationwide.

This latest development brings the number of individuals declared wanted in connection with the CBEX fraud to 10.

In April 2025, CBEX s raised alarm after they were unable to access or withdraw their investments.

The incident, which affected many Nigerians, sparked public outrage as several people claimed to have lost significant amounts of money to the failed cryptocurrency platform.

Earlier, the EFCC declared eight individuals wanted in connection with the case. They are Adefowora Abiodun Olanipekun, Adefowora Oluwanisola, Emmanuel Uko, Seyi Oloyede, Johnson Okiroh Otieno, Israel Mbaluka, Joseph Michiro Kabera, and Serah Michiro.

The commission also secured arrest warrants for six of the suspects, namely, Olanipekun, Oluwanisola, Uko, Oloyede, Avwerosuo Otorudo, and Chukwuebuka Ehirim.

Ola Olukoyede, chairman of the EFCC, assured victims of the financial scam that the commission is making progress in the investigation and recovery efforts.

He said “a reasonable amount” of funds has already been recovered and some arrests have been made.

The EFCC chairman said the commission committed to bringing all those involved in the alleged scam to justice and recover as much of the stolen funds as possible.

https://www.thecable.ng/efcc-declares-two-more-suspects-wanted-over-n1bn-cbex-fraud/

This matter never rest

Yoruba and igbo hummmmm

The youths indeed.
All they know is fraud! Tufiakwa!

You can't hear them say they are disgracing Nigeria. But once they detect another name there, they will invade they thread with venoms and brimstones.

I see another cbex scam coming up before the end of the year, I see thousands of people rushing their to invest, I see them loosing their money.

This I have seen.

Ade ft Uche

co-starring Enobong.

BlackViper:


https://www.thecable.ng/efcc-declares-two-more-suspects-wanted-over-n1bn-cbex-fraud/

The eagle should go after them

BlackViper:


https://www.thecable.ng/efcc-declares-two-more-suspects-wanted-over-n1bn-cbex-fraud/

Una money don go 😭😂😂😂😂

BlackViper:


https://www.thecable.ng/efcc-declares-two-more-suspects-wanted-over-n1bn-cbex-fraud/

Medicine after death

These hungry looking ones are just foot soldiers. Who are the main the main?

How about MBA guy?

arrest that cbex comedy guy too wey dem give coke and bread with N500 to see front

JAMO4REAL1:
Yoruba and igbo hummmmm

Na lie o! No bring igbo into this at all there is no igbo name there o! Let everyone anawer their papa name o!

Why is EFCC arresting only the Yoruba people when there are multiple Financial crimes both hoth home and Abroad

Noted.

They are wasting there time..Money that has gone for good..

Nigerians that like 100% profit with greediness.
If MMM,CBEX open today Nigerians will still invest😏

Mgbati and fraud

Still on this

They said one of them voluntarily turned himself in, is he still with them or they have released him?

EFCC sha. It's obvious this guy's were not in the know. They look like low level staff and might never been aware of the deeper runnings of Cbex.

JAMO4REAL1:
Yoruba and igbo hummmmm

Na collabo

The sophisticated ones will always pop in schemes like this

Menxtt:
The sophisticated ones will always pop in schemes like this

It was a sophisticated scheme that required brains.

Unlike drug trafficking.

This one na collabo

BlackViper:


https://www.thecable.ng/efcc-declares-two-more-suspects-wanted-over-n1bn-cbex-fraud/

thieves

All

Mabuggi88:
You can't hear them say they are disgracing Nigeria. But once they detect another name there, they will invade they thread with venoms and brimstones.

Maybe you need eye salve to see that the whole of the south is well represented.