BREAKING: Crypto Billionaire BLord Arrested In Abuja

Eko Hot Blog reports that operatives of the Nigeria Police Force have arrested Linus Williams, popularly known as BLord, a prominent crypto billionaire, in Abuja on Tuesday, July 16.

The arrest comes amidst serious allegations against BLord and his companies, including cryptocurrency fraud, terrorism funding, and aiding internet fraud.

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According to a statement released by the force spokesperson, Muyiwa Adejobi, the Federal Criminal Investigation Department (FCID) and the Nigeria Police Force Cybercrime Centre (NPF-NCCC) are thoroughly investigating the complaints lodged against BLord’s various business entities. These entities include BLORD GROUP, BLORD REAL ESTATE LTD, BLORD JETPAYE LIMITED, and BILLPOINT TECHNOLOGY.

BLord Arrested

Adejobi detailed the nature of the allegations, which encompass cryptocurrency fraud, aiding and abetting internet fraud, computer-related fraud, terrorism financing, and non-compliance with regulatory frameworks.

“We will do due diligence in our investigations. Our cyberspace in Nigeria must be safe and secure by all means. We are committed to achieving that,” Adejobi emphasized, underscoring the police force’s commitment to ensuring cybersecurity and upholding the law.

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This arrest marks a significant step in the efforts to curb cybercrime and ensure compliance with financial regulations in Nigeria.

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