ChainCatcher news, the Nigerian police have intensified their crackdown on cryptocurrency-related crimes, arresting local crypto celebrity Linus Williams (known as BLord). Police Public Relations Officer Olumuyiwa Adejobi confirmed the arrest in a statement released on July 17.The Nigerian police stated that BLord faces charges of internet fraud, cryptocurrency fraud, terrorism financing, and violations of the Central Bank of Nigeria (CBN) Act. These charges are directed at Williams and his associated companies: Blord Group, Blord Real Estate Ltd, Blord Jetpaye Limited, and Billpoint Technology.

ChainCatcher news, according to Cointelegraph, the Nigeria Police Force (NPF) has announced the arrest of a politician, Wilfred Bonse, who is suspected of stealing over $246,000 (200 million naira) from the cryptocurrency wallet of Patricia Technologies.Bonse assisted hackers in laundering $61,000 (50 million naira) from the stolen funds, of which $74,000 (607 million naira) was fraudulently transferred from Patricia Technology's account to his bank account via a cryptocurrency wallet. The investigation is ongoing, and the Nigeria Police Force assures that all individuals involved will be brought to justice.