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Speaker 1: Nigeria Anti Corruption Police, the Economic and Financial Crimes Commission

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EFCC has declared eight persons wanted in connection with the

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one point three trillion nyers fraud committed by an online

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cryptocurrency platform, Crypto Bridge Exchange CBX, allegedly an unregistered financial

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trading company in Nigeria, but according to EFCC, a registered

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company ST Technologies International Limited promoted or aided the suspected

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criminal trading platform. This occurred after the Nigeria Securities and

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Exchange Commission SEC, in a statement on April seventeenth, twenty

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twenty five, gave public assurance to prosecute the promoters of

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the suspected fraudulent trading platform, and the statement from SEC

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indicated probably that there is porousness in the Nigeria intelligence system,

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signaling that the Nigeria intelligence assets like the Media, State

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Security Services SS, Defense Intelligence AGENTCNIA, National Intelligence Agency NIA,

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Nigeria Financial Intelligency Unit NFIU of Central Bank of Nigeria CBN,

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Force Intelligence Department FIT of the Nigeria Police Force NPF,

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among others, are apparently too weak in protecting the West

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Africa sovereignty against financial invasion and terrorism. Despite the huge

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billions of Nira of taxpayers moneys spent yearly by the

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Presidency through the Office of the National Security Advisor NSA

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and CBN on the aforementioned intelligence assets. The state assets

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failed to be alive their societal responsibilities, and a criminal

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organization invaded the Nigeria media space, openly advertised its criminal

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activities for long and successfully stole, evacuated, and converted trillions

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of Nigeria currency to foreign currency or currencies, causing huge

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pressure and evaluation of the Nira and thus making costs

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of living go higher. No Nigeria intelligence asset, including the press,

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being able to proactively track and forestall the act of

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national terrorism committed against the Nigeria State. Among those declared

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wanted on Friday by EFCC includes Aditha Waraialaapaikin, Adatha Warala, Juanachola,

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EMMANUELA Co and Chay y Oliede and others named by

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EFCC as alleged foreign accomplices include Johnson Okiro Otieno Israel

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and Beluca, Joseph Maikiro Cabra and Sarah Maikiro. Sec has

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stated that the attention of the Securities and Exchange Commission.

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The Commission has been drawn to recent media reports publications

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on the activities of CBX Crypto Bridge Exchange cb EX,

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which also operates under the corporate identity of st Technologies

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International Limited. Smart Treasure super Technology, has held itself out

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as a digital asset trading platform offering high return to

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investors in Nigeria. The Commission hereby clarifies that neither CBX

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nor its affiliates were granted registration by the Commission at

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any time to operate as a digital assets exchange, solicit

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investments from the public, or perform any other function within

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the Nigerian capital market. Preliminary investigations carried out by the

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Commission have revealed that CBX engaged in promotional activities to

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create a false perception of legitimacy in order to entice

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unsuspecting members of the public inter investing moneyes with the

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promise of implausibly high guaranteed returns within a short time frame.

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CBX has failed to honor withdrawal requests from their subscribers

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and abruptly close their physical offices amid mounting complaints pursuant

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to the provisions of Section one hundred and ninety six

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of the Investments and Securities Act twenty twenty five. The

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Commission would collaborate with relevant law enforcement agencies too ropriate

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enforcement action against the CBEX, its affiliates and promoters. The

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Commission uses this medium to remind the public to refrain

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from investing in or dealing with any entity offering unrealistic

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returns are employing similar recruitment based investment models. Prospective investors

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are advised to verify the registration status of investment platforms

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via the Commission’s dedicated portal www, dot sect, dot gov,

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dot ng slash seemos before transacting with them. It would

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be recalled that the digital training platform came to a

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halt earlier this month after the money in Nigerian investors.

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While it’s vanished, it was observed that the CBEX also

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locked its Telegram channels and postponed its withdrawals while giving

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investors the lifeline of two thousand dollars for two hundred

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dollars verification and one thousand dollars for one hundred dollars verification.

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Analyzing the crash on X space organized by trending X,

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monitored and reported by Punch newspaper, a cryptocurrency expert and

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security analyst, tiwo Owel Larby said data has shown that

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the money was moved to a TRX address yourself tdqs

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CUSCUO Cliviate’s four x GARPERL five hundred and eighty nine

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DKHSCF and a total volume stolen so far in USDT

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is eight hundred and forty seven million dollars and likely

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to increase. Oil. Larb stressed that the invested funds are

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gone because cb ex is not a licensed platform, and

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the creators designed a week website to look like bibot,

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which is a legitimate trading platform. They designed the week

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website to convince people in the future that it was

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a security breach that affected them. Apparently, when you make payments,

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you pay them into a trx account and then immediately

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they move it from that TRX wallet, gather it, convert

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it to USDT, then to ED. So when you are

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logging into your account, there is literally no money on

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your profile. What you see adjust numbers, All the daily

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activities you do to trade increase your money. All the

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AI trading is fake. When it’s time for withdrawal, they

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will send you another person’s money since you won’t be

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leaving them because of greed you will most likely put

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the money back, and even more so, they will use

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that same money to pay another person. As you’ve spread

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the word for them, more people will join and do

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the same. Meanwhile, the Economic and Financial Crimes Commission EFCC

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has declared eight individuals wanted over the alleged investment fraud

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perpetrated on the Crypto Bridge Exchange cb ex trading platform.

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The EFCC action is coming in the wake of the

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warrant of arrest and order granted the EFCC by a

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Federal High Court in Abouja on Thursday for six suspects.

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Justice A mecherin White gave the order following an X

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party application filed by the EFCC through its Council faded

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a USUF. Spokesperson of the EFCC, de Le Oyerwale, made

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the announcement in a post on Friday with the suspected

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persons photographs attached against the names with the residential address

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of some of them in Nigeria. Stated in the EFCC

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court affidavit in support of the motion, EFCC said, preliminary

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investigation into the intel revealed that the defendants, using their

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company ST Technologies International Limited, promoted another company, Crypto Bridge

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Exchange CVEX by making adverts and lured unsuspecting members of

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the public to invest crypto cryptocurrencies on the CBX investment platform.

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The EFCC said the defendants promised an unrealistic return on

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investment of up to one hundred percent. Recall that Nigerians

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who invested in the platform have been thrown into despair

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after to the crash of the business. Recently, about one

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point three trillion mirs was reportedly wiped out from the

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investor’s account after the digital trading platform boasted of giving

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investors one hundred percent return on investment ROI in thirty days.

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Operating under the cvex name, the group allegedly encouraged people

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to deposit digital assets, particularly the stable coin USDT, into

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the platform. After amassing a significant amount of funds, the

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platform was abruptly shut down, leaving investors stranded and unable

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to recover their money. The Commission is calling on the

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public to come forward with any information that could lead

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to the arrest of the suspects. Tips can be reported

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to any EFCC office nationwide, including branches in Lagos, Abaden, Abouja, Carno, Enugu,

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Gombe or Port Harcourt. The public is hereby notified that

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the persons whose photographs appear above as suspect infected foreign

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accomplices wanted by the Economic and Financial Crimes Commission e

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f CC for Ford allegedly perpetrated on an online trading

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platform called Crypto Bridge Exchange CBDX. Anybody with useful information

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as to their whereabouts should please contact the Commission in

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its sabaden u Yo, Sokoto, Maida, Guri, Benin, McCurdy, Kaduna, Klorin, Enugu, Carno, Legos, Gombe,

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Port Harcourt or Abuja offices or through Oueto nine three, three, two,

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two six four four, its email address info at EFCC

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dot gov, dot NNG or the nearest police station and

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other security agencies. Some parts of the EFCC statement reads

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in quote Guini Binni in Moga