According to ChainCatcher, the Nigerian police have stepped up their crackdown on cryptocurrency-related crimes and arrested local crypto celebrity Linus Williams (known as BLord). Police public relations officer Olumuyiwa Adejobi confirmed the arrest in a statement released on July 17.
Nigerian police said BLord faces charges of internet fraud, cryptocurrency fraud, terrorist financing and violations of the Central Bank of Nigeria (CBN) Act. The charges are against Williams and his associated companies: Blord Group, Blord Real Estate Ltd, Blord Jetpaye Limited and Billpoint Technology.
