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“See My Life in the Open”: Taye Currency Curses Friends After Losing ₦10 Million to CBEX Ponzi Scheme

busterblog - “See My Life in the Open”: Taye Currency Curses Friends After Losing ₦10 Million to CBEX Ponzi Scheme


The Nigerian entertainment scene has once again been rocked by the consequences of a fraudulent investment scheme, and this time, the pain is personal for Fuji star Alhaji Taye Adebisi, popularly known as Taye Currency. In an emotional on-stage confession that has since gone viral, the Ibadan-based singer poured out his grief after losing a whopping ₦10 million to the now-infamous Crypto Bridge Exchange (CBEX) Ponzi scheme.


The atmosphere was electric, the crowd was lively, but as Taye Currency took the mic mid-performance, the energy shifted. What started as a musical event quickly turned into a public outcry as the Fuji maestro bared his soul to fans, revealing how his trust in close friends and colleagues led to financial heartbreak. With visible anger and disappointment, he cursed those who encouraged him to invest in CBEX, a digital platform that has now crumbled, taking billions of naira in investors’ funds along with it.


“See my life in the open,” he said, shaking his head in disbelief. “I invested ₦10 million in CBEX on April 1, but everything vanished.” According to him, it wasn’t strangers who convinced him to take the leap — it was people he knew, worked with, and trusted. Among them were his brand manager Lateef, fellow musicians, and close friends like Sodiq, Alaba, Small London, and Brother Muca.


The Fuji singer detailed how these individuals shared their supposed success stories, which convinced him that the platform was legitimate. Lateef reportedly turned ₦200,000 into ₦600,000 and invested an additional ₦1.4 million. Sodiq, eager and hopeful, staked ₦850,000 he had saved from the band’s earnings. Alaba allegedly invested ₦1.2 million stolen from a stage event, while Brother Muca put in ₦500,000, his entire performance fee. With so many familiar faces jumping in and testifying to fast returns, Currency felt the pressure to act.


So, on April 1st, believing he was securing his future, he withdrew ₦10 million from his insurance savings — money carefully set aside for emergencies or retirement — and threw it all into the CBEX scheme. What he didn’t know at the time was that CBEX was on the verge of collapse, part of a grand Ponzi setup that would eventually defraud thousands of Nigerians and drain over ₦1.3 trillion from the hands of hardworking citizens.


As he recounted his story to the crowd, there was no trace of his usual lively stage persona. Instead, there stood a man betrayed, broken, and furious. “All of you who introduced me to CBEX, you won’t succeed in life,” he cursed during his performance, his voice heavy with emotion. “If they die well, they won’t rest well, because I was on my own before you took me to CBEX.”


The public’s response was swift and intense. The video of his outburst spread like wildfire across social media, igniting conversations around financial literacy, the dangers of Ponzi schemes, and the culture of blind trust in Nigeria’s entertainment industry. Fans were shocked not just by the loss, but by the sheer number of entertainers and insiders who had fallen prey to the same trap. CBEX had dangled the promise of crypto riches in front of everyday Nigerians, capitalizing on economic hardship, desperation, and a lack of regulation.


This isn’t the first time celebrities have been linked to fraudulent schemes, either as victims or as promoters. But Taye Currency’s pain struck a different chord — perhaps because of how openly he addressed it. He didn’t hide behind a press release or social media statement. He stood in front of his fans, during a live event, and told the world what happened, calling out names and holding nothing back.


As the CBEX scandal continues to unravel, more stories like his are expected to emerge. The company, once hailed as a revolutionary digital investment platform, is now being investigated by authorities. Regulators have promised to get to the bottom of the fraud, but for victims like Taye Currency, those words offer little comfort.


Many are calling for tighter controls and public awareness campaigns to prevent similar scams in the future. Others are demanding accountability from public figures who promoted or endorsed these platforms, whether knowingly or unknowingly.


For Taye Currency, however, the damage is done. ₦10 million gone — not to business failure or bad luck — but to manipulation, deceit, and misplaced trust. His story is a harsh reminder that in a world where quick money schemes are everywhere, even those with fame and experience can fall victim.


As the video of his emotional breakdown continues to make rounds online, the Fuji legend remains a symbol of a deeper national issue: the need for financial education, transparency, and a strong sense of skepticism in the face of too-good-to-be-true investments.


CBEX may have collapsed, but its ripple effects are just beginning. And for Taye Currency, the scars left behind by the betrayal of friends and the loss of hard-earned money may take a long time to heal — if they ever do.



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