The Economic and Financial Crimes Commission (EFCC) has declared eight individuals wanted for a fraudulent investment scheme operated through a platform known as Crypto Bridge Exchange, CBEX.
This followed the permission granted by a federal high court in Abuja to EFCC to arrest and detain the alleged promoters.
Justice Emeka Nwite gave the permission after the anti-graft agency filed and argued an ex parte application against the culprits who were recently involved in a massive cryptocurrency investment fraud worth over $1bn.
The individuals in the poster are Adefowora Olanipekun, Adefowora Oluwanisola, Emmanuel Uko and Seyi Oloyede.

Others named as their foreign accomplices are Johnson Otieno, Israel Mbaluka, Joseph Kabera, and Serah Michiro, whom the EFCC declared wanted.

“The public is hereby notified that the persons whose photographs appear above are wanted by the Economic and Financial Crimes Commission (EFCC) for fraud allegedly perpetrated on an online trading platform called Crypto Bridge Exchange (CBEX),” the EFCC said in the notice released on Friday.