The Nigeria Police Force has confirmed the arrest of Linus Williams, a crypto billionaire popularly known as BLord, for alleged internet fraud, terrorism funding, and violations of the Central Bank of Nigeria (CBN) Act.

In a statement released on Tuesday, Force Public Relations Officer Olumuyiwa Adejobi detailed the charges against BLord, emphasizing the police’s commitment to thoroughly investigating the allegations and ensuring the security of Nigeria’s cyberspace.

“The FCID (NPF-NCCC) is currently investigating complaints lodged against BLORD GROUP, BLORD REAL ESTATE LTD, BLORD JETPAYE LIMITED, and BILLPOINT TECHNOLOGY,” Adejobi stated.

“These offences include allegations bothering on cryptocurrency fraud, aiding internet fraud, computer-related fraud, terrorism funding, and non-compliance with regulatory frameworks.”

Adejobi assured the public that due diligence would be observed in the investigation process.

“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,” he added.