As someone who has been in the trading world long enough to see countless cycles of hype and collapse, the CBEX case in Nigeria follows a painfully familiar script. An unregistered platform, big talk about AI-driven profits, and a bold promise of 100% returns in 30–45 days is not a trading strategy, it’s a liquidity trap.
Real markets don’t work on fixed guarantees, and any operation that needs lock-in periods to “generate profits” is usually buying time, not creating value. When regulators in multiple jurisdictions, from Nigeria’s SEC to Hong Kong’s SFC, raise red flags, the outcome is rarely a surprise. Asset freezes and confiscations are what happen when the flow of new money stops and reality catches up. This is another reminder that sustainable trading is slow, boring, and transparent, while fast-money promises almost always end with frozen accounts and devastated investors.
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