Nigerian crypto star out on bail following police detention

Industry watchers are closely monitoring the case for signs of how Nigerian authorities will handle similar cases, which could impact the country’s growing cryptocurrency sector.

Nigerian cryptocurrency celebrity Linus Williams, popularly known as Blord, has been granted bail following three days in police custody.

The fintech CEO, who commands a significant following in the cryptocurrency community, was detained by the Cybercrime unit of the Nigeria Police Force over allegations of cryptocurrency fraud and terrorism financing linked to his companies.

Blord was arrested on Tuesday in Abuja, leading to a flurry of reactions from his supporters and the broader fintech community. According to local media, the 26-year-old entrepreneur was released on Friday and wasted no time addressing his followers.

Industry watchers are closely monitoring the case for signs of how Nigerian authorities will handle similar cases, which could impact the country’s growing cryptocurrency sector.
Nigerian cryptocurrency celebrity Linus Williams, popularly known as Blord, has been granted bail following three days in police custody. The fintech CEO, who commands a significant following in the cryptocurrency community, was detained by the Cybercrime unit of the Nigeria Police Force over allegations of cryptocurrency fraud and terrorism financing linked to his companies.Blord was arrested on Tuesday in Abuja, leading to a flurry of reactions from his supporters and the broader fintech community. According to local media, the 26-year-old entrepreneur was released on Friday and wasted no time addressing his followers. Read more