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Crypto billionaire Blord arrest over fraud & terrorism links — What you should know

Fidwon July 18, 2024 1 minute read

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Linus Williams, aka BLord, a Prominent Crypto Billionaire, Has Been Arrested by Operatives of the Nigeria Police Force

Blord was arrested in Abuja on Tuesday following allegations of cryptocurrency fraud, terrorism funding, and aiding internet fraud among others against his companies.

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Speaking in an interview with our correspondent, the Force spokesperson, Muyiwa Adejobi, said he was arrested due to complaints against his companies.

He promised that the police would thoroughly investigate the matter.

Adejobi said, “Yes, we have him with us. The FCID (NPF-NCCC) is currently investigating complaints lodged against Blord Group, Blord Real Estate Ltd, Blord Jetpaye Limited, and Billpoint Technology.

“These offences include allegations of cryptocurrency fraud, aiding internet fraud, computer-related fraud, terrorism funding, and non-compliance with regulatory frameworks.

READ ALSO:  Federal Government through the CBN orders Nigerian banks to close cryptocurrency accounts

“We will do due diligence in our investigation. Our cyberspace must be safe and secure by all means. We are committed to achieving that.”

He denied that the petition that led to Blord’s arrest was following a petition from, Martins Otse, popularly known as VeryDarkMan.

More details later…

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