x

Nigerian Police Detain Crypto Mogul BLord Over Allegations of Fraud and Terrorism Financing

By  Milcah   Tanimu

Linus Williams, popularly known as BLord, a prominent figure in the cryptocurrency world, has been apprehended by the Nigeria Police Force in Abuja. His arrest on Tuesday comes amid serious allegations including cryptocurrency fraud, funding of terrorism, and facilitating internet fraud through his business operations.

Muyiwa Adejobi, the spokesperson for the police, confirmed the arrest and explained that it was prompted by multiple complaints lodged against BLord’s companies. He emphasized that the investigation would be comprehensive to ensure accountability.

“The charges against him encompass cryptocurrency fraud, aiding internet fraud, computer-related fraud, and terrorism financing, in addition to failure to comply with regulatory standards,” Adejobi noted. He reiterated the police’s commitment to maintaining a secure cyberspace for all citizens.

Furthermore, Adejobi clarified that the recent petition leading to BLord’s arrest was not initiated by Martins Otse, also known as VeryDarkMan, dispelling any rumors surrounding the involvement of other parties in the case.

Hot this week

World Bank Commends Kogi Governor Ododo for Expanding Healthcare Access

From Noah Ocheni, LokojaThe World Bank has commended...

ICPC Details Items Seized From Nasir El-Rufai’s Abuja Residence

The Independent Corrupt Practices and Other Related Offences Commission...

Edo Ika Igbo Communities Back Anioma State Creation, Seek Inclusion in Proposed State

By Anne AzukaIka Igbo–speaking communities in Edo State have...

Delta Government Calls for Calm Over Ibusa–Ogwashi-Uku Land Dispute

The Delta State Government has urged residents of Ibusa...

China Restates Commitment to Africa, Unveils New Areas of Cooperation

China has reiterated its commitment to strengthening relations with...

My credentials are valid, Deputy Speaker, Kalu denies alleged certificate forgery

By Our CorrespondentThe Deputy Speaker of the House of...

The Power List: Women Driving Gender Advocacy in Nigeria

International Women’s Day Special FeatureVoices of Impact: The Advocates...

Uba Sani Urges Journalists to Remain Vigilant Against Threats to Democracy

By Achadu Gabriel, KadunaKaduna State Governor, Senator Uba...

World Bank Commends Kogi Governor Ododo for Expanding Healthcare Access

From Noah Ocheni, LokojaThe World Bank has commended...

Gunmen Kill One, Abduct 13 in Multiple Attacks Across Kogi Communities

From Noah Ocheni, LokojaSuspected kidnappers have killed one...

Contempt: Court orders arrest of Asekun, revokes Richard’s bail

By Ogenyi OgenyiA Federal High Court in Lagos has...

Related Articles

Popular Categories

spot_imgspot_img