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

Drug Allegation: Regina Daniels Breaks Silence, Takes Drug Test Amid Marriage Crisis

Nollywood actress Regina Daniels, estranged wife of Delta North...

Bayelsa APC Endorses Tinubu for 2027 Re-election as Stakeholders Pledge Party Unity

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

2027 battle: Rivers crisis deepens as APC governors rally behind Fubara

The political crisis in Rivers State has intensified as...

China, Tanzania Reaffirm Strategic Partnership, Pledge Deeper Cooperation

China and Tanzania have restated their commitment to a...

Onaiwu Commends Gov. Lawal for Restoring Hope to Zamfara Students

By our correspondentEarl Osaro Onaiwu, former DG of the...

AFRICA AS THE CENTERPIECE OF CHINA’S FOREIGN POLICY AND DIPLOMATIC ENGAGEMENT

By Prof Sheriff Ghali IbrahimIt is a diplomatic mantra...

Agatu Security Crisis: Council Chairman Orders Armed Herders to Vacate Benue LGA

By Israel Adamu, JosThe Agatu security crisis has deepened...

China, Tanzania Reaffirm Strategic Partnership, Pledge Deeper Cooperation

China and Tanzania have restated their commitment to a...

NIGER EAST 2027: WHY THERE IS NO ALTERNATIVE TO 313

By Mohammed A. MohammedIn Niger East, a quiet revolution...

BREAKING NEWS: Nigerian AI Creator Jarvis Reveals Her Biological Father Is Not Nigerian

Popular Nigerian AI content creator Jarvis, also known as...

Beyond Ritual: Rediscovering the True Purpose of Fasting in Today’s Modern Church

By Sam AgogoEvery January across Nigeria and many parts...

Bwacha Emerges as APC Youths’ Torchbearer for Taraba 2027

The clamour for Senator Emmanuel Bwacha’s governorship bid in...

Related Articles

Popular Categories

spot_imgspot_img