Nigerian Crypto Figure “BLord” Arrested on Fraud and Terrorism Charges

Linus Williams, widely known as “BLord,” a prominent figure in the Nigerian crypto community, has been apprehended by the Nigerian Police Force. The arrest took place in Abuja, the nation’s capital, following allegations of cryptocurrency fraud, terrorism funding, and aiding internet fraud.

Force Public Relations Officer ACP Olumuyiwa Adejobi confirmed the arrest, stating that BLord faces several charges, including non-compliance with the Central Bank of Nigeria (CBN) Act and computer-related fraud. The Financial Crimes Investigation Department (FCID) investigates BLord Group and associated entities.

BLord‘s arrest has sparked significant interest and debate within Nigeria and beyond, raising questions about the security and regulation of the cryptocurrency industry in the country.

The news of BLord‘s arrest comes amid a growing crackdown on cryptocurrency-related offenses in Nigeria. The country has been grappling with financial crimes and cybersecurity issues, and authorities are intensifying their efforts to combat such activities.

The Nigerian Police Force has reiterated its commitment to ensuring the safety and security of the nation’s cyberspace. BLord‘s arrest is seen as a significant step in this direction, sending a strong message to those involved in fraudulent activities within the crypto space.