This article is aimed at helping Nigerians who invested in the ST-CBEX platform and now believe their money is lost—or are hoping the Nigerian government will help them recover it.
We have two major updates for you. Let’s start with the good news: Can you get your money back? YES! Now, the bad news: Can the Nigerian government help you recover your funds? NO.
We are writing this article primarily to help individuals who have incurred losses on the CBEX platform. Our aim is to help you make a solid, objective decision—free from the noise of social media or biased media outlets.
Our team has done its due diligence and discovered that 90% of what bloggers and some media houses reported about CBEX was far from the truth. What’s worse is that many of them clearly don’t understand how the project actually works—yet they all claim to be experts.
We’ve listened to several TV interviews on this subject and found something quite revealing: both the interviewers and interviewees often had little to no understanding of how the platform works. But of course, they still needed to publish content—and since bad news draws the most attention, that’s what they ran with.
Our goal, on the other hand, is to help you see what’s really happening behind the scenes. Hopefully, that will help you silence the noise and make a more informed decision.
In our research, we discovered that immediately after the “Black Monday” incident occurred, ST Technologies stepped up and took responsibility. They began initiating a process to help users recover their funds.
This is not what a scam platform typically does. Despite being labeled a “scam” by the media, ST Technologies initiated a recovery process after such a massive incident. That behavior alone is inconsistent with fraudulent operations.
Most bloggers and media outlets focused entirely on CBEX, ignoring the fact that ST Technologies—responsible for user fund safety from the beginning—never hid their stance on user protection.
This critical detail seems to have escaped the public eye. It led us to believe that perhaps the truth has always been available, but the media either intentionally ignored it, were grossly irresponsible, or simply chose to spread lies because sensationalism sells.
The Recovery Process
According to ST Technologies, users can recover their losses by taking a few specific steps.
Users are required to make a deposit based on their account size—which falls into one of two categories. After making the deposit, users must message a representative of the organization.
This point stood out to us: If ST Technologies were truly scammers, why would they continue to maintain open lines of communication? That behavior is inconsistent with typical Ponzi schemes or scam operations.
Rather than judging based on past experiences, consider the facts. Take a moment to objectively assess their track record. People often have a tendency to magnify the negative while overlooking the positive. Pause and think critically.
Lets face the fact, admittedly, the fund recovery process might seem harsh or demanding at first glance.
But from a business standpoint, it was likely one of the few viable options they had during a crisis of this magnitude. It may not be the perfect strategy—but it was a step toward taking responsibility, and they acted on it swiftly.
Let’s remember: they are not a charity organization.
Many users reacted emotionally—which is completely understandable. People were hurt and afraid. But let’s be honest: it takes courage to own up to a financial collapse and still stand by the community.
Our respect for the ST Technologies organization grew when we realized this might not be a case of vanishing overnight.
It is important to mention at this point that, there were several other platforms claiming to have been doing what ST-CBEX are doing, but the hit on CBEX affected them and they quietly shut down—with no explanation, no refunds, and no recovery plan. So we asked Why?
ST Technologies and CBEX, in contrast, stood their ground and faced the backlash.
Objectively speaking, that kind of behavior is not consistent with traditional scam or Ponzi schemes.
Final Thoughts
If you’re an investor on the ST-CBEX platform, we recommend that you ignore the noise from social media and so-called “trusted” media houses—and look at the facts yourself.
If you decide to continue with the organization, you might be right. If you decide not to, you also might be right. But at the end of the day, we want you to own your decision. Don’t be swayed by the noise around you.
If you can’t do this alone, we recommend speaking with a financial advisor, as this analysis is provided strictly for educational purposes.
Remember: Every investment carries risk. In the world of finance, you’ll rarely have all the facts perfectly lined up. Risk is how people build wealth.
