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Nigerian police arrest crypto billionaire Linus Williams

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2024-07-17 04:29:21
Nigerian police have confirmed the arrest of self-proclaimed cryptocurrency billionaire Linus Williams, also known as Blord. Williams faces charges related to cyber fraud, terrorist financing and breaches of the Central Bank of Nigeria (CBN) Act.
A police spokesperson said some of Williams' charges involved fraudulent activities using cryptocurrencies. Specifically, he ran a trading platform that used naira to buy stablecoins USDT and bitcoin, which violated the country's laws.
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