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Man Tells People to Quickly Delete CBEX App from Their Phones, Shares Danger of Having it
Apr 17, 2025
A Nigerian youth has raised an alarm about the danger of having the CBEX application on one's phone
He claimed that the CBEX application was not on the Google Play Store or Apple App Store, and as such people downloaded it from an unverified source
CBEX Ponzi scheme crashed on Tuesday, leaving thousands of Nigerians with a collective loss of over N1.3 trillion
A Yoruba creator, Uthman Ayipo, has said it is risky to still have the CBEX application on one's phone.
The content creator sounded the warning while reacting to the crash of the Ponzi scheme, which defrauded thousands of Nigerians.
Why CBEX application should be deleted
In a TikTok video, the creator urged people to immediately delete the CBEX application if they still have it on their phones, saying it exposes their devices to further scamming and viruses.
He explained that people got the CBEX application from an unverified platform, as it was not available on the Google Play Store or Apple App Store.
He added that iPhone users needed to give the app some permission before it could run on their phones, and this in itself is risky.
His advice stirred mixed reactions online.
"Delete CBEX application from your phone,'' words layered on his TikTok video read.
Man's advice to CBEX investors generates buzz
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