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<ul><li>Nigerian authorities intensify scrutiny on crypto fraud and terrorism funding amid regulatory tightening.</li><li>Williams&#39; arrest highlights divisions in Nigeria&#39;s crypto community over legitimacy and risks.</li><li>Government actions aim to balance crypto innovation with financial stability and cybersecurity.</li></ul>Nigerian authorities have recently arrested Linus Williams, a self-proclaimed crypto billionaire widely known as BLord, on allegations involving fraud and terrorism funding. Williams, purportedly the head of the BLord Group of Companies, faces accusations of violating the Central Bank of Nigeria (CBN) Act and engaging in illicit activities using digital currencies.According to <a href="https://x.com/Princemoye1/status/1813136959587438656" rel="noopener noreferrer nofollow">Prince Olumuyiwa Adejobi</a>, spokesperson for the Nigeria Police Force (NPF), Williams is under investigation by the Force Criminal Investigation Department (FCID) for a range of offenses.These include <a href="https://cryptotale.org/john-e-deaton-exposes-alleged-sec-conflicts-of-interest-highlights-crypto-connection/" rel="noopener noreferrer nofollow">cryptocurrency fraud</a>, internet fraud facilitation, computer-related fraud, terrorism funding, and non-compliance with regulatory frameworks. The arrest underscores the Nigerian government&#39;s intensified scrutiny of crypto activities amid growing concerns over financial crimes.<a href="https://cryptotale.org/nigerian-police-arrest-self-proclaimed-crypto-billionaire-for-terrorism-funding/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Nigerian Police Arrest Self-Proclaimed Crypto Billionaire for Terrorism Funding

CryptoTale

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