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

Senator Seriake Dickson Dumps PDP, Joins Newly Registered NDC

By Francis WilfredFormer Governor of Bayelsa State and current...

EFCC Challenges Ajudua’s Bail at Supreme Court Over Alleged $1M Fraud

By Francis WilfredThe Economic and Financial Crimes Commission (EFCC)...

Nasarawa Secures $1.008 Billion in Domestic, Foreign Investments

By Abel Zwanke, LafiaNasarawa State secured domestic and foreign...

Understanding China’s ‘Two Sessions’ and Their Global Significance

China’s Two Sessions are the country’s most significant annual...

Wike Assures FCT Indigenes of Getting C of Os for Their Lands

By Joyce Remi - BabayejuThe FCT Minister, Barr. Nyesom...

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...

FULL LIST: Tinubu Names Dambazau as Nigeria’s Ambassador to China

President Bola Ahmed Tinubu has appointed former Minister of...

Related Articles

Popular Categories

spot_imgspot_img