Police Withdraw Bail Opposition For Cryptocurrency Mogul Blord Amid Amicable Settlement Talks

Cryptocurrency entrepreneur Blord may soon be released as Nigerian Police withdraw their opposition to his bail application amid settlement talks.

By: AXL Media

Published: Apr 15, 2026, 7:29 AM EDT

Source: Information for this report was sourced from LEADERSHIP Media Group

Police Withdraw Bail Opposition For Cryptocurrency Mogul Blord Amid Amicable Settlement Talks - article image
Police Withdraw Bail Opposition For Cryptocurrency Mogul Blord Amid Amicable Settlement Talks - article image

A Shift In The Prosecution's Strategy

The legal proceedings against cryptocurrency businessman Linus Williams Ifejirika, popularly referred to as Blord, have taken a decisive turn following a change in stance by the Nigerian Police Force. During a court update on Tuesday, April 14, 2026, it was revealed that the police had officially withdrawn their counter-affidavit, which was the primary legal document preventing the businessman from securing bail. This development effectively leaves his bail application unopposed, paving the way for a potential release in the coming days.

Charges And Period Of Detention

Blord has been in custody at the Kuje Correctional Centre for more than 12 days following his arraignment at the Federal High Court in Abuja. The charges leveled against him are multifaceted, involving allegations of criminal conspiracy and impersonation. Specifically, the prosecution has accused him of the unauthorized use of the image of social media personality and critic VeryDarkMan (VDM). The case has garnered significant public attention due to Blord’s high profile in the digital finance sector and the involvement of prominent social media figures.

Mediation Efforts And Amicable Resolution

Human rights activist and former presidential candidate Omoyele Sowore has been actively involved in the mediation process. Speaking to journalists after the latest court development, Sowore confirmed that with the withdrawal of the police opposition, all parties are now seeking a settlement. He indicated that the focus has shifted from aggressive litigation to finding an "amicable resolution" that would satisfy all stakeholders and bring an end to the protracted legal dispute.

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