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

Saleh Mamman Trial: Judge Frowns at Alleged Time-Wasting Tactics by Defence Counsel

By Francis WilfredJustice Maryann Anenih of the Federal High...

Gov. Ododo Reaffirms Commitment to Education at PAAU 7th Combined Convocation

Kogi State Governor Ahmed Usman Ododo has reaffirmed his...

Bayelsa Government Boosts Media Sector with State-of-the-Art Equipment for Ministry and NDTV

 The Bayelsa State Commissioner for Information, Orientation and Strategy,...

Industrial Court Orders FCT Workers to Suspend Strike Action

By Joyce Remi-BabayejuThe National Industrial Court of Nigeria (NIC),...

Welcoming Governor Abba Kabir Yusuf, Other Governors Into APC.

BY Umar Tanko Ya Kasai.On behalf of all support...

Military investigation ends: DHQ moves to arraign alleged coup plotters

The Armed Forces of Nigeria (AFN) have confirmed that...

Ibeno community Lampoons EPU for Obstructing Development in A’Ibom

By Ogenyi Ogenyi, UyoThe Ibeno Clan Council has described...

Vigilante group discovers two decomposing bodies in Kogi forest

From Noah Ocheni , LokojaLocal Vigilante over the weekend...

Bandits attack Kaduna community, kill 4, kidnapped 13.

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

Indigenous Contractors Commend Minister of State Uzoka-Anite’s Swift Intervention On Oustanding Debts

A delegation of indigenous contractors across Nigeria has commended...

Related Articles

Popular Categories

spot_imgspot_img