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by: xpoolPosted on: April 30, 2025

Nigerian Authorities Declare $812 Million Crypto Scam Suspect Wanted

The Economic and Financial Crimes Commission (EFCC) has issued a warrant for the arrest of Elie Bitar, a foreign national accused of running a massive cryptocurrency fraud scheme through the online platform Crypto Bridge Exchange (CBEX). Bitar is suspected of defrauding thousands of Nigerians to the tune of ₦1.3 trillion ($812 million), according to the EFCC.

Related posts:

  1. CBEX Ponzi Scheme Leaves Nigerian Investors Financially Scarred
  2. Nigerian Court Orders Arrest of Six Promoters in $1 Billion CBEX Scam
  3. Nigerian Court Approves Arrest of Six Over Crypto Bridge Exchange Fraud
  4. Cryptocurrency Project Founder Arrested for Mishandling Investor Funds
Cryptocurrency Fraud Nigeria

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