Fuji musician Taye Currency revealed in a viral video that he lost N10 million to a Ponzi scheme run by Crypto Bridge Exchange (CBEX).
He shared the ordeal during a stage performance, explaining that he was introduced to the scheme by close associates.
The fuji star said, “On April 1, Sodiq came to my house and said Lateef, the brand manager, had collected some money and also introduced Alaba and Small London had also collected their money, and Brother Muca
“Alaba used N1.2 million he stole from the stage to invest in CBEX. Brother Muca also put in his work fee of N500,000. Sodiq used the money he was saving in the band, N850,000. Lateef invested N1.4 million.”
The singer revealed that it was the success of his associates in the scheme that made him invest in it too.
“Lateef said he used N200k to collect N600k, and I got motivated. I withdrew the money I had saved with insurance, see my life in the open. I invested N10m in CBEX on April 1, but everything vanished,” he lamented.
Fuji musician Taye Currency expressed frustration over losing N10 million in the CBEX Ponzi scheme, blaming those who introduced him to it. In a viral video, he angrily criticized them, saying they misled him.
His comments come amid widespread outrage over CBEX’s collapse, which defrauded many Nigerians with promises of high returns.
