AI-Hyped Ponzi Scheme CBEX Defrauds African Investors of Millions
African investors have been left reeling after falling victim to CryptoBridge Exchange (CBEX), an elaborate crypto-trading platform that has been preying on individuals across the continent. Lured by promises of guaranteed monthly returns powered by AI trading systems and lucrative referral bonuses—classic hallmarks of Ponzi schemes, investors like Edwin, a Kenyan government worker, lost significant…
