Operatives of the Nigeria Police Force have arrested crypto billionaire Linus Williams, popularly known as BLord, in Abuja on Tuesday.
He was arrested following allegations of cryptocurrency fraud, terrorism funding, and aiding internet fraud among other accusations against his companies.
Speaking in an interview, the Force spokesperson, Muyiwa Adejobi, explained the reasons for the arrest. “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.”
Adejobi detailed the allegations against BLord: “These offences include allegations of cryptocurrency fraud, aiding internet fraud, computer-related fraud, terrorism funding, and non-compliance with regulatory frameworks. We will do due diligence in our investigation. Our cyberspace must be safe and secure by all means. We are committed to achieving that.”
Despite various speculations, Adejobi denied that the arrest was due to a petition from Martins Otse, popularly known as VeryDarkMan.
