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

Over 40 Nigerians Graduate from Chinese Language Program in Abuja

More than 40 Nigerians have completed the first phase...

Women Group Applauds Olukoyede, Seeks Collaboration in Fight against Corruption

By Francis WilfredThe President, Women Community in...

Tinubu Approves Minor Cabinet Reshuffle as Edun, Dangiwa Exit FEC

…Oyedele Elevated to Finance Minister; Darma Named NomineeBy Francis...

NTDA Boss, Awakan Takes Tourism Smart Hub to OOU

By Joyce Remi- BabayejuThe Nigerian Tourism Development Authority Director-General,...

Price of aviation fuel crippling our operations- Ibom Air

By Ogenyi Ogenyi,UyoThe management of Ibom Air has called...

Nigerian Stars Shine Across Europe: Osimhen, Olayinka and Ibrahim Lead the Charge

Nigerian footballers delivered standout performances across Europe over the...

Ibom Air donates 50,000 doses of anti-malaria drugs to A’Ibom

By Ogenyi Ogenyi, UyoThe management of Ibom Airlines Limited...

Methodist Church Raises Concerns Over Insecurity, Hardship, Governance Challenges

By Achadu Gabriel, KadunaThe Methodist Church Nigeria, Diocese of...

Kogi Deepens China Partnership to Advance Agro-Industrial Programme

By Noah Ocheni, LokojaThe Kogi State Government says it...

Maktown Flyers Secure First BAL Win as Igoche Mark Urges Focus Ahead of Next Games

Nigerian basketball promoter Igoche Mark has congratulated Maktown Flyers...

FG Flags Off Construction Of Ecumenical Airport Chapel And Pilgrims Centre

By Francis WilfredThe Federal Government has performed the...

Related Articles

Popular Categories

spot_imgspot_img