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

EFCC calls for Heightened Collaboration among Law Enforcement Agencies

By Francis WilfredThe Executive Chairman of the Economic...

Appointment of Murtala Garo a Great Progress for Kano Politics, Good Governance — DG TSG

By Jabiru HassanThe Director-General of the Tinubu Support Group...

SGF Advocates Technology-driven Risk Management For Resilient Economies

…Receives Pillar of Risk Management Award of Excellence.By Francis...

Orette Will Make a Big Difference in the Senate – Urhobo Leaders

Urhobo political leaders on Wednesday endorsed as their preferred...

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

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

Ex-President’s Son Emerges APC Consensus Candidate for Katsina Reps Seat

By Achadu Gabriel, KadunaYusuf Buhari, son of former President...

China Slams Taiwan Leader Over Eswatini Trip, Reiterates Reunification Stance

Chinese authorities have sharply criticised Taiwan leader Lai Ching-te,...

China Warns Eswatini Against Backing Taiwan Independence Efforts

The Chinese government has called on Eswatini and a...

Senator Nora Daduut Donates JAMB CBT Centre, Trains Students in ICT in Plateau

By Israel Adamu, JosFormer Plateau South senator and ambassador-designate...

Senator Daduut Donates JAMB CBT Centre in Plateau, Trains Over 100 Students in ICT

Says initiative to boost rural digital literacyBy Israel Adamu,...

Plateau North Group Backs Prof Atu for Senate

Says zone needs unity, quality representationBy Israel Adamu, JosA...

Related Articles

Popular Categories

spot_imgspot_img