In a continuation of its crackdown on the promoters of the failed Ponzi scheme platform, Crypto Bridge Exchange (CBEX), the Economic and Financial Crimes Commission, (EFCC) has declared eight Nigerians wanted.
The anti-graft commission took the decision after obtaining an order of the Federal High Court sitting in Abuja.
In a statement issued on its X handle, it named the suspects as Adefowora Olanipekun, Adefowora Oluwanisola, Emmanuel Uko, and Seyi Oloyede.
Other are in Johnson Oteno, Israel Mbaluka, Joseph Michiro, Serah Michiro
The EFCC said, “The public is hereby notified that the persons whose photographs appear above are wanted by the Economic and Financial Crimes Commission (EFCC) for fraud allegedly perpetrated on an online trading platform called Crypto Bridge Exchange (CBEX).”
The EFCC alleged in its application for their arrest order that the group operated through a front company, ST Technologies International Limited, to promote CBEX and lure Nigerians into investing in cryptocurrencies and other digital assets with promises of up to 100 per cent returns within 30 days.