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

Bandits Killings: S/Kaduna Kicks as Gov Sani Flags Off Makarfi Rural Roads

By Achadu Gabriel, Kaduna The flag-off of a rural road...

Gov Mutfwang Commissions New JMDB Market to Empower Women Traders

By Isreal Adamu, Jos Plateau State Governor, Caleb Mutfwang, has...

Plateau Drugs Agency, LGAs to Tackle Fake, Substandard Products

By Israel Adamu, Jos The Plateau State Drugs and Medical...

Kano Gov Moves to Empower 44 LGAs with Full Autonomy

By Jabiru Hassan Kano State Governor, Alhaji Abba Kabir Yusuf,...

FG Assures AFGSAN of Support to Boost Food Security

By Francis Wilfred The Federal Government has assured the Amana...

Kaduna ADC Stakeholders Petition Police Commission, Demand Probe of El-Rufai

By Achadu Gabriel, Kaduna Stakeholders of the African Democratic Congress...

China Commissions 14th Chinese Corner in FCT School

The Chinese Embassy in Nigeria on Thursday inaugurated a...

Governor Sule and the Two Horsemen: How Synergy Is Redefining Governance in Nasarawa

By Leo Zwanke, Lafia When Engineer Abdullahi Sule assumed office...

Delta Govt Backs Civil Service Screening, Insists on Decent Dressing

By Anne Azuka The Delta State Government has thrown its...

Delta Govt Says Brazil Visit to Unlock Industrial Growth, Job Creation

By Anne Azuka The Delta State Government says its recent...

Ex APC National Scribe rallies ADC in A’ibom

By Ogenyi Ogenyi, Uyo The leader of African Democratic Congress,...

Related Articles

Popular Categories

spot_imgspot_img