According to Mars Finance, as reported by Bitcoin.com, the troubled Nigerian cryptocurrency exchange Crypto Bridge Exchange (CBEX) recently announced the launch of new withdrawal options in an effort to restore investor confidence. Sources revealed that the company made this announcement amid rumors of its impending collapse. Under the new rules, investors holding funds of no more than $1,000 on the platform must pay a fee of $100 to withdraw 50% of their initial funds, which is expected to be released on June 20, 2025. CBEX has been accused of misappropriating funds from over 600,000 Nigerian users, leading the Nigerian SEC to declare the platform illegal. Despite the introduction of new withdrawal options, some users remain skeptical about the company's true situation, believing that this activation fee could be a potential scam to defraud more Nigerians of their money.

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