Reactions As Police Arrest Crypto Trader Blord For ‘Fraud, Terrorism Funding’

Linus Williams, a cryptocurrency trader, also known as BLord, has been arrested by the Nigerian Police Force (NPF) over alleged internet fraud, terrorism funding, and violations of the Central Bank of Nigeria (CBN) Act.

Blord was arrested on Tuesday in Abuja.

Checks revealed that the suspect is active on X with the username @realbitcoinlord.

Olumuyiwa Adejobi, Force Public Relations Officer, in a statement via X, said he was arrested following complaints against his companies and allegations around fraud and non-compliance with regulatory frameworks.

Adejobi assured that the Force would ensure the safety of the country’s cyberspace.

The post read: “The FCID (NPF-NCCC) is currently investigating complaints lodged against Blord Group, Blord Real Estate Ltd, Blord Jetpaye Limited, and Billpoint Technology.

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

“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.”

Meanwhile, the development has elicited diverse opinions from Nigerians on X.

@Richieprincey wrote: “I have always known some people are waiting to see the downfall of this young man, but they will surely be shamed! Who God has blessed no man can curse!”

@IamChukwuemeka: “Let the ordeal of Blord teach you as a young man to live a low key life. So long as you’re rich & young the world and Nigerians in particular will håte you and always look out for your downfall.”

@Sagacity_Boy: “If only he handled the complaints of his customers professionally without calling out VDM it won’t have gotten to this point I don’t blame VDM for all these Blord wasn’t professional….He has to face the law if found guilty The poor finally has a say Against the rich.”

@Emmaoniru: “Blord had been arrested ke. Our police just dey serve everyone arrest warrant these days. In Nigeria, the moment you begin to show off you’re wealth on social media, the Government will come after. You all gonna learn in very hard way.”

@Rumerule: “In this current Nigeria, if you must do anything cryptocurrency you must be extra careful to not jump on problems.”