Online reports, Bitcoin.com reported that the troubled Nigeria crypto exchange Crypto Bridge Exchange (CBEX) recently announced the launch of new withdrawal options in an effort to restore investor confidence. Sources said the company made the announcement after facing rumors of bankruptcy. According to the new regulations, investors holding no more than US$1000 on the platform must pay a fee of US$100 to withdraw 50% of their initial funds, which is expected to be released on June 20, 2025. CBEX was accused of embezzling funds from more than 600,000 Nigeria users, leading the Nigeria SEC to declare the platform illegal. Despite the launch of new withdrawal options, some users are still skeptical about the company's true status and believe that the activation fee may be a potential scam to defraud more Nigeria of money.