Operatives of the Nigeria Police Force have apprehended cryptocurrency billionaire Linus Williams, widely known as B-Lord, in Abuja on Tuesday.
Williams faces allegations of cryptocurrency fraud, terrorism financing, and aiding internet fraud, among other charges against his companies.
Muyiwa Adejobi, the Force spokesperson, confirmed the arrest in an interview, stating that it followed multiple complaints against Williams' businesses.
“Yes, he is in our custody. The FCID (NPF-NCCC) is currently investigating the complaints against Blord Group, Blord Real Estate Ltd, Blord Jetpaye Limited, and Billpoint Technology,” Adejobi said.
“These allegations include cryptocurrency fraud, facilitating internet fraud, computer-related fraud, terrorism financing, and failure to comply with regulatory standards.
We will conduct a thorough investigation. Ensuring the safety and security of our cyberspace is a priority for us, and we are committed to this goal.”
Adejobi also refuted claims that the arrest was prompted by a petition from Martins Otse, known as VeryDarkMan.
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