Blord
Linus Williams Ifejirika is a Nigerian cryptocurrency entrepreneur, digital businessman, and the founder of Blord Group. He gained prominence for his rapid rise in the world of cryptocurrency and financial technology. Blord's companies, including Blord Real Estate Ltd., Blord Jetpay Ltd., and Billpoint Technology, operate in diverse sectors such as real estate and fintech, with a significant focus on cryptocurrency trading.
Controversies
Blord has faced multiple legal challenges. In July 2024, Linus Williams was arrested by the Nigerian Police following allegations of cryptocurrency fraud, internet-related crimes, and terrorism funding. The charges also include aiding internet fraud and money laundering through his cryptocurrency ventures. His arrest came after complaints were lodged against his companies, leading to an investigation by the Force Criminal Investigation Department. The charges involved alleged non-compliance with financial regulations, particularly in relation to his cryptocurrency trading platforms. Although the police have yet to complete their investigation, Blord has maintained his innocence, claiming that his businesses operate within the bounds of the law.
In 2022, he was arrested by Nigeria’s Economic and Financial Crimes Commission over accusations of internet fraud. Following a court case, Blord was acquitted, and the EFCC was ordered to return his seized assets, including luxury vehicles that had been impounded during the investigation. Blord celebrated this victory on social media, emphasizing that the legal ruling exonerated him from any wrongdoing.
Ongoing investigations
As of mid-2024, the investigations into Blord's businesses are still ongoing, with the police and regulatory authorities looking into the complaints against him.