Alleged fraud, terrorism funding: Crypto billionaire, Linus Williams released from Police custody

Cryptocurrency billionaire Linus Williams, known as Blord, has been granted bail after spending three days in police custody.

Controversial self-proclaimed social media activist VeryDarkMan announced this on his Instagram page on Friday.

Olumuyiwa Adejobi, spokesperson for the Nigerian Police on Tuesday confirmed the arrest of Blood in a short statement he published on his X handle.

He said Blord was arrested because the Force Criminal Investigation Department, FCID in investigating allegations of internet fraud, computer-related fraud, terrorism funding,
and non-compliance with regulatory frameworks among others against him.

“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 cyber space in Nigeria must be safe and secured by all means. We are committed to achieving that,” the Force Public Relations Officer said in the statement.

Adejobi did not elaborate on the nature of the crimes or whether police acted on complaints of alleged victims of Blord fraudulent activities.

However in an update on friday VeryDarkMan stated that Blord was released after much ‘begging and crying.’

“After much begging and crying, Blord is out. He will be returning next week to answer for all his alleged crimes. I believe the @npf_nccc will not compromise, and justice will be upheld. See you next week, Mr. Influential,” VeryDarkMan posted.