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Kenyan Civil Servant Loses $16,000 to Crypto Scam CBEX

Kenyan civil servant Edwin is one of many African investors who have fallen victim to CryptoBridge Exchange (CBEX), a fraudulent cryptocurrency trading platform that lured users with promises of artificial intelligence-driven profits. Edwin, who only provided his first name out of shame, lost nearly $16,000—mostly borrowed from a bank—to the scam, which collapsed in April…

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