Fuji singer Taye Currency laments losing ₦10m to CBEX

Fuji singer, Alhaji Taye Adebisi, popularly known as Taye Currency, has revealed that he lost ₦10 million to Crypto Bridge Exchange, CBEX, the recently crashed Ponzi scheme.

The singer recounted his ordeal during a stage performance in a viral video circulating on social media.

He explained that he was convinced to invest in the scheme by some of his close associates. He called out the said associates by name as he placed a heavy curse on them.

He noted that he only succumbed to their persuasion on April 1, barely two weeks before the scheme crashed and investors’ money on the platform disappeared.

The Fuji singer said, “On April 1, Sodiq came to my house and said Lateef, the brand manager, had collected some money and also introduced Alaba and Small London had also collected their money, and Brother Muca.“

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Alaba used ₦1.2 million he stole from the stage to invest in CBEX.

Brother Muca also put in his work fee of ₦500,000. Sodiq used the money he was saving in the band, ₦850,000. Lateef invested ₦1.4 million.

”The singer admitted that he was persuaded to give the scheme a try after hearing the success stories of his associates.“

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“Lateef said he used ₦200k to collect ₦600k, and I got motivated. I withdrew the money I had saved with insurance, see my life in the open. I invested ₦10m in CBEX on April 1, but everything vanished,” he lamented.

In the footage, a visibly upset singer who could not hold back his pain cursed the associates who introduced the scheme to him. He said, “If they die well, they won’t rest well, because I was on my own before you took me to CBEX.”

According to a rough estimate, Nigerians lost over ₦1.3 trillion to CBEX.

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