"Police Arrest Crypto Billionaire Blord Over Fraud and Terrorism Links
In a statement released on Tuesday, the police headquarters in Abuja confirmed the arrest of Linus Williams, CEO of Blord Group, on suspicion of terrorism funding, cryptocurrency fraud, and aiding internet fraud.
According to Force Public Relations Officer, ACP Olumuyiwa Adejobi, the FCID (NPF-NCCC) is investigating complaints against Blord Group and its subsidiaries, including allegations of crypto-currency fraud, computer-related fraud, and non-compliance with CBN regulatory frameworks.
The police have assured that they will conduct a thorough investigation to ensure the safety and security of Nigeria's cyber space.
This arrest comes as part of the police's efforts to crack down on financial crimes and terrorism funding in Nigeria."
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