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

Nigeria Fast-Tracks Permits to Revive Idle Oil Wells, Signs New Exploration Deal

Nigeria’s upstream oil sector is accelerating efforts to boost...

2027: Police warn against planned 2milliion-man rally in A’ibom

By Ogenyi Ogenyi, UyoThe Akwa Ibom State Police Command...

PDP Convention: Wike Calls for Inclusiveness, Unity, Renewal at PDP Convention

By Joyce Remi BabayejuThe FCT Minister, Barr. Nyesom Wike,...

Kogi Governor Calls for Objective Journalism to Strengthen Good Governance

Governor Ahmed Usman Ododo has urged journalists in Kogi...

Toyin Abraham Unfollows Funke Akindele After Viral Moment at Movie Premiere

Nollywood actress Toyin Abraham has unfollowed fellow actress Funke...

12 Killed in Gunmen Attack in Jos North, Police Confirm

The Plateau State Police Command has confirmed that 12...

JUST IN: INEC Updates PDP Leadership List, Recognises New National Working Committee

The Independent National Electoral Commission (INEC) has updated its...

Top Remote Jobs Offering High Salaries as Global Demand for Digital Talent Grows

Remote work continues to expand globally, with high-paying roles...

Plateau imposes 48-hour curfew after deadly attack in Jos North

The Plateau State Government has imposed a 48-hour curfew...

Davido Says Grammy No Longer a Priority, Focuses on Authentic Sound

Nigerian music star Davido has opened up about his...

Senegal Parade AFCON Trophy Despite Title Controversy

Players of the Senegal national football team publicly paraded...

PDP Convention: Wike Calls for Inclusiveness, Unity, Renewal at PDP Convention

By Joyce Remi BabayejuThe FCT Minister, Barr. Nyesom Wike,...

Related Articles

Popular Categories

spot_imgspot_img