As someone who has been in the markets long enough to live through every type of “too good to be true” scheme, the CBEX collapse in Nigeria is sadly predictable. Any platform promising 100% returns in 30–45 days is not trading, it is bait. What stands out here is how aggressively CBEX tried to appear legitimate — flashy app, AI buzzwords, a name resembling a real Chinese organisation — yet not a single trace of regulation or transparency.
When both the SEC Nigeria and Hong Kong’s SFC flag a company as suspicious, you don’t need technical analysis to know what’s coming next. Freezing accounts and assets is the natural consequence when a Ponzi machine finally runs out of new deposits. It’s a painful reminder that in trading, sustainable returns are built slowly. Guaranteed fast profits are not an opportunity, they’re an exit scam waiting to happen.
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