Nigerian police have stepped up their crackdown on cryptocurrency-related crimes and recently arrested local crypto star Linus Williams (BLord). Police spokesman Olumuyiwa Adejobi confirmed the news on July 17, saying BLord was suspected of cyber fraud, cryptocurrency fraud, terrorist financing, and violating the Nigerian Central Bank Act. BLord has been controversial for his luxurious lifestyle and position in the local cryptocurrency field, and the rapid development of his company has also attracted the attention and scrutiny of regulators. (Cointelegraph)