The Chairman of Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, don talk say dem don recover some money wey people lose for the CBEX crypto investment wahala, wey crash last month and leave plenty investors dey cry.
For interview wey him do with TVC on Sunday, May 25, Olukoyede still talk say EFCC don arrest some people wey get hand for the CBEX scam. Him add say dem don make serious progress for the investigation.
“We don go far with CBEX. We don recover reasonable amount of money,” na wetin him talk.
Olukoyede explain say even though the money wey dem thief na cryptocurrency, EFCC still manage trace and recover small from am. But to change the crypto back to cash dollars no easy, because dem still need go through crypto process again.
“Even though the money dey inside crypto wallet, na the same way dem take am from people. You no fit just carry am turn to dollar like that. You must follow the crypto route again,” na him talk.
The EFCC oga still talk say dem don arrest some suspects, and dem still dey find others wey don run.
“We don go far. We don arrest some people. But we no go talk too much so that we no go spoil the process. Some people still dey on the run and we dey go after them,” he talk.
Him talk say the investigation no too easy because the fraudsters use something wey dem dey call “non-custodial wallets” — that one mean say the wallets no get name or identity wey person fit trace.
“We still dey investigate many of the wallets. The ones wey dem use na non-custodian wallets – no KYC. Meaning say you no fit tie am to anybody.
From those wallets, dem move the money go other wallets for Europe, especially Eastern Europe and Cambodia. From there, dem share the money. But we don block some wallets wey the money never comot yet.”
Na so far EFCC don reach.
Olukoyede also talk say some of the fraudsters still dey operate and some Nigerians still dey fall mugu. Him beg people make dem wise up.
Make we remember say for April, CBEX crash, and investors lose over N1.3 trillion.
After plenty people complain say dem no fit withdraw money, the platform suddenly stop to work and everybody account balance disappear.
The matter cause serious reaction, especially for social media, where many people vex, complain, and express disappointment.
Even after that, CBEX come try open again, announce new withdrawal options, say dem wan bring back investor trust.
