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

Oborevwori Backs Cubana Millennium City Project as Boost for Investment in Asaba

By Anne AzukaDelta State Governor, Sheriff Oborevwori, has described...

FG Sets Up Committee to Review $200bn Gas, Power and High-Speed Rail Proposal

By Wilfred FrancisThe Federal Government has inaugurated a technical...

Braimoh Congratulates New ADC Executives in Kogi, Calls for Unity

A chieftain of the African Democratic Congress (ADC), Olayinka...

ERC Director, others Call for Increased Inclusion of Women in Empowerment Programmes

By Joyce Remi- BabayejuDirector of the Education Resource Centre,...

NITOUREY to Push Nigeria’s Tourism Sector into Global Arena – Awakan

By Joyce Remi BabayejuThe Director-General of the Nigerian Tourism...

Expansion of Health Facilities Tops Tinubu’s Healthcare Agenda

By Joyce Remi- BabaejuThe Minister of State for Health...

Dantsoho Lauds Oyetola over Reforms, Transformaion of Maritime Sector

… Tips Nigeria as Leader of Africa's Blue EconomyBy...

Wike Warns Contractors: June Deadline Is Binding

By Joyce Remi-BabayejuThe Minister of the Federal Capital Territory...

NCPC to Prioritize Pilgrimage Exercise, Create Lasting Impact- Bishop Adegbite

By Joyce Remi- BabayejuThe Executive Secretary of the Nigerian...

Osunmaibio FC Win Ekeremor Title After Penalty Shootout Victory

Osunmaibio FC have emerged champions of Ekeremor Local Government...

Court Rejects Document in Alleged $35m NCDMB Fraud Trial

By Francis WilfredThe Federal High Court in Abuja...

Related Articles

Popular Categories

spot_imgspot_img