EFCC Declares Two Suspects Wanted in N1 Billion Crypto Scam

EFCC Declares Two Suspects Wanted in N1 Billion Crypto Scam

News

June 5, 2025

The Economic and Financial Crimes Commission (EFCC) has declared Folashade Odelana and Bamidele Ayodele Abiodun wanted in connection with the alleged N1 billion cryptocurrency scam involving Crypto Bridge Exchange (CBEX).

The EFCC made the announcement via its official X account, urging anyone with information on the suspects’ whereabouts to contact its offices nationwide.

This increases the total number of individuals wanted over the CBEX fraud case to 10.

The scam came to light in April 2025, when CBEX users reported being unable to access or withdraw their investments.

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