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

Bayelsa NUJ Urges State Government to Immortalise Late Deputy Governor Ewhrudjakpo

The Nigeria Union of Journalists (NUJ), Bayelsa State Council,...

Crusade Dispute Puts CAN, PFN Under Spotlight

Allegations of interference and partiality have unsettled Nigeria’s major...

Airports, Drug Syndicates, and Nigeria’s Global Reputation

By Tahir WaliNigeria’s airports are more than transit points;...

EFCC Arraigns Firm and Six Individuals Over Alleged €100m Fraud in Abuja

The Economic and Financial Crimes Commission (EFCC) has arraigned...

Kogi Govt Says Cash-Back Promotion Policy Boosts Workers’ Welfare

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

NCC, NDPC Sign MoU to Strengthen Data Protection in Nigeria’s Telecom Sector

The Nigerian Communications Commission (NCC) and the Nigerian Data...

Court Sentences Former NEXIM Bank MD Orya to 490 Years for N2.4bn Fraud

The Federal Capital Territory High Court in Abuja has...

EFCC Arraigns Former Federal University Dutsinma VC Over Alleged N19.7m Bribery

The Economic and Financial Crimes Commission (EFCC) has arraigned...

PDP Inaugurates Delta Caretaker Committee Amid Large Turnout in Asaba

By Anne AzukaThe Peoples Democratic Party (PDP) on Wednesday...

Pessu Primary School Warri Wins 2025 Zenith Bank Delta Headmasters’ Cup

By Anne AzukaPessu Primary School, Warri, on Thursday emerged...

79 Kogi State Polytechnic Students Graduate with Distinctions

From Noah Ocheni, LokojaNo fewer than 79 students of...

Related Articles

Popular Categories

spot_imgspot_img