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

AFCON 2025: Nigeria beat Egypt 4-2 on penalties to win third-place

Nigeria’s Super Eagles secured third place at the 2025...

ADC Kaduna Crisis: Party Says No “Coalition Publicity Secretary” Position Exists

By Achadu Gabriel, KadunaThe African Democratic Congress (ADC), Kaduna...

2027: APC Forum Opposes Calls to Drop Shettima

By Israel Adamu, JosThe North-Central All Progressives Congress (APC)...

Bayelsa Athletics Association Appoints Dr. Samuel Oredipe as New Chairman

The Bayelsa State Athletics Association has appointed Dr. Samuel...

KEDCO, Labour Unions Suspend Industrial Action After Agreement on Workers’ Benefits

The Kano Electricity Distribution Company (KEDCO) and labour unions...

Delta APC Stakeholders Meet in Asaba, Emphasise Unity, E-Registration, Congress Preparation

Stakeholders of the All Progressives Congress (APC) in Delta...

Bayelsa Governor Welcomes 1,236 NYSC Corps Members, Urges Discipline and Responsible Conduct

Bayelsa State Governor, Senator Douye Diri, has received 1,236...

Oborevwori Urges NYSC Corps Members to Uphold Safety, Discipline, National Unity

Delta State Governor, Sheriff Oborevwori, has urged members of...

Gyang Dung Gyang Condemns Killing of Miners in Kuru, Calls for Urgent Security Action

Gyang Dung Gyang, a Peoples Democratic Party (PDP) aspirant...

ITF Director, 21 Others Certified as City & Guilds International Examiners

The Industrial Training Fund (ITF) has certified a director,...

Kaduna:: Kurmin Wali victims recall ordeal, commend Gov Uba Sani’s Visit

By Achadu Gabriel, Kaduna-Governor Uba Sani has...

Rivers Assembly Crisis: CSOs, APC Leaders Demand NASS Intervention

Civil society organisations, media professionals, and leaders of the...

Related Articles

Popular Categories

spot_imgspot_img