The China Beijing Equity Exchange(CBEX) —the digital asset trading platform which was said to have crashed has been defended by some users who claim it is still working, contrary to the popular rumor of it’s crash.
While many have raised awareness that the platform is a possible Ponzi scheme, citing some fishy operational methods, others keep defending it.
An X user, Blessed Ajoke, said; “CBEX is still working perfectly, just that you can’t withdraw until the 15th of April. You people should stop spreading fake news. Stop giving people heart attacks nah.”
Many other users have countered the crash claims and defended that CBEX is still working perfectly only that users need to follow the guidelines and wait for the right time to withdraw.
“Y’all are acting like CBEX crashing makes you financial sages. Nah, it just makes you bitter haters. Ponzi, yen yen yen. Just stfu, coward,” @Okparam also reacted on X.
On the other hand, some cryptocurrency experts have reacted to the development —Kayode Olagunju said;
“It is a slap in the face of intellectuals who have written so many articles and guides to help people with zero knowledge about crypto currencies. Crypto is vast; it is in the same class as the stock market.”
Another user, Aliyu Ilias, who is a finance expert said;
“Nigerians should be cautious of quick-income platforms that could crash at any point in time. The government has a responsibility to fish out the sponsors of these Ponzi platforms, even if they are operating in the cloud.”
Read Also: EFCC Warns Nigerians Over 58 Illegal Ponzi Scheme Operators (See Full List)
