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Crypto Billionaire BLord Arrested by Nigerian Police for Alleged Fraud and Terrorism Funding
Operatives of the Nigeria Police Force have apprehended the renowned crypto billionaire known as BLord, whose real name is Linus Williams, in the Federal Capital Territory, Abuja. The arrest took place on Tuesday following a series of allegations leveled against his companies.
The Force spokesperson, Muyiwa Adejobi, confirmed the arrest and explained that the complaints against BLord’s entities include accusations of cryptocurrency fraud, aiding internet fraud, computer-related fraud, terrorism funding, and non-compliance with regulatory standards.
Adejobi further revealed that the investigation is being conducted by the FCID (NPF-NCCC) into the activities of Blord Group, Blord Real Estate Ltd, Blord Jetpaye Limited, and Billpoint Technology.
Authorities emphasized the importance of safeguarding cyberspace against fraudulent activities, stressing their commitment to ensuring a secure digital environment for all users.
Contrary to rumors, the arrest was not based on a petition from Martins Otse, widely known as VeryDarkMan. The PUNCH, a reputable media outlet, will continue to monitor and report on developments related to this case.