🚨 Crypto Warning: Lessons from the CBEX Collapse 🚨
In a stark reminder for investors, Kenya’s Capital Markets Authority recently issued an ‘Investor Alert’ following the collapse of CryptoBridge Exchange (CBEX), a Ponzi scheme that duped countless individuals across Africa, including government worker, Edwin, who lost $16,000.
Key Insights:
- Scam Tactics: CBEX attracted users through AI-driven trading promises and referral bonuses.
- Investor Impact: Victims, like Edwin and Abby, bear the heavy burden of lost savings, with rumors of CBEX rebooting its operations amid ongoing investigations.
- Regulatory Response: Kenyan authorities are drafting stricter regulations on unregulated platforms to safeguard investors.
Take Action: The risks of unregulated crypto investments are real. Stay informed, share your experiences, and let’s foster a community focused on responsible investing in technology.
🔗 Learn more about safeguarding your investments and protecting yourself from scams!
