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

Bandits attack Kaduna community, kill 4, kidnapped 13.

By Achadu Gabriel, KadunaYarkasuwa Saminaka, a Christian dominated...

CAN Holds Special Prayer for 177 Abducted Worshippers

By Achadu Gabriel, KadunaThe Christian Association of Nigeria (CAN)...

IPOB condemns heavy security deployment at Onitsha Main Market

The Indigenous People of Biafra (IPOB) has criticised the...

Trump says China doesn’t use wind power: Here are the facts

By Michael OnjewuDuring his address at the World Economic...

NSCDC denies withholding staff promotion, salary arrears

The Nigeria Security and Civil Defence Corps (NSCDC) has...

Former Dawakin Tofa Council Chairman Backs Gov. Abba Kabir Yusuf Amid Defection Talks

Former Chairman of Dawakin Tofa Local Government Area, Honourable...

AFCON 2025 final: CAF suspends Hakimi, Thiaw, fines Senegal, Morocco

The Confederation of African Football (CAF) has imposed multiple...

Kogi Government Moves to Resolve Telecom Disputes Over Fibre-Optic Infrastructure

The Kogi State Government says it has taken concrete...

Riyom Council Chairman Congratulates Gov Mutfwang on APC Reception

The Executive Chairman of Riyom Local Government Council, Hon....

Abuja Leadership Centre Organises Leadership Training For Students in Kaduna

The Abuja Leadership Centre (ALC) at Yakubu Gowon University,...

Oborevwori Swears In Six Judges, Warns Against Loss of Public Trust in Judiciary

Delta State Governor, Rt. Hon. Sheriff Oborevwori, has warned...

Otti Partners FG to Fast-Track Completion of Federal Road Projects in Abia

Abia State Governor, Alex Otti, has intensified collaboration with...

Related Articles

Popular Categories

spot_imgspot_img