Tag: money laundering

CBEX Exposed: How Crypto Ponzi Schemes Launder Millions Cross-Chain

07/27/2025

CBEX Exposed: How Crypto Ponzi Schemes Launder Millions Cross-Chain

The world of cryptocurrency is a wild and thrilling place, with immense opportunities, but it’s home to some nefarious characters. Learn more as Thabo Selepe, our cross-chain technology analyst, sheds some light on his expertise. He then breaks down the intricate tactics that Ponzi schemes employ to launder money between...

CBEX Crypto Scheme Unravels, Investors Defrauded as Funds Laundering is Exposed

07/27/2025

CBEX Crypto Scheme Unravels, Investors Defrauded as Funds Laundering is Exposed

Then in April 2025, CBEX, another fictitious cryptocurrency investment platform went bust. This failure, in turn, left thousands of investors defrauded, with particular burden on African investors including many Nigerians. The platform misleadingly announced that it had only suspended withdrawals temporarily while an audit by a British firm, to be...

Further Reading

Developer activity is one of the most reliable leading indicators of a crypto project’s health and ability to grow in the future. A large number of developer commits indicates that the project is being regularly maintained, improved, or expanded. This constant innovation can drive more widespread use amongst the users,...

Pudgy Penguins began like every other PFP project. Today, it has smartly transformed itself into a multi-layered Web3 brand with its deep and diversified ecosystem. This metamorphosis has given it the power to transcend the limitations of a one-dimensional NFT story. Today, it boasts a much thicker and wider bottom...

The NFT space is heating up once again, and this time, it’s thanks to Forexus. His most recent one, the collection minted on Rarible, has shaken up the digital art world. In under a day, it achieved an incredible 4,000 ETH in sales! What exactly fueled this rapid sell-out? It’s...

The crypto market continues to be a wild ride, and looking ahead can truly be a difficult task. The best way to pick out the most promising cryptocurrencies is to look for strong projects with real-world applications. Continuous development on these projects is another good indicator of their growth potential....

Ethereum's Layer-2 (L2) scaling solutions are making waves, and the numbers don't lie. We’re not exaggerating when we say that this means a 17x increase in activity, drastically reduced fees and a massive victory for decentralization. What does all of this actually mean for you, the average DeFi user or...

Ethereum’s progress towards its bold vision of being the decentralized backbone of Web3 was always going to be the result of constant innovation. Anjali Mehra, DeFi Policy and Opinion columnist at Forkast, highlights the Ethereum network’s recent progression. She especially highlights the potential positive impact of Layer 2 scaling solutions....

The NFT space is an extremely fast-moving environment, and it can be difficult to discern what’s truly valuable or useful to pay attention to. Here at GreedyChain, we do all the hard work to focus on the hottest NFT trends for you. The recent sell-out of Forexus' 'Brass Coin' NFTs...

With its revolutionary ecosystem of blockchain technology, Sonic Labs is creating a stir in the DeFi landscape. And it’s trying to address very, very persistent issues that have been plaguing decentralized finance for some time. The question remains is it really DeFi’s magic upgrade? Here’s a look at what you...