Investors on the Crypto Bridge Exchange (CBEX) are celebrating as trading volumes have been restored after previously dropping to zero, sparking a renewed sense of confidence in the platform’s operations.

Following a tense period marked by uncertainty, users are now able to access their accounts and resume trading, offering some relief after weeks of restricted activity.

CBEX first garnered attention in 2024 with bold claims of delivering 100% returns on investment within 30 days, a promise allegedly powered by AI-driven algorithmic trading.

With branding reminiscent of Shanghai tech culture and prominent offices in Lagos and Ibadan, CBEX attracted a significant number of Nigerian investors through enticing multi-level referral incentives.

However, in April 2025, many users discovered that their accounts had been emptied without prior notice. This development halted withdrawals and led to account lockouts, prompting waves of protests at the company’s physical locations.

In response, the Economic and Financial Crimes Commission (EFCC) launched an investigation into the platform’s collapse, declared several individuals wanted, and eventually made arrests linked to the case.

According to recent updates, the EFCC Chairman confirmed that the agency has successfully recovered a portion of the funds associated with the platform.