Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency
In the past two years, law enforcement authorities in Malaysia have arrested hundreds of individuals for theft of electricity allegedly used to mint digital currencies. The country’s police force has also confiscated equipment worth millions of dollars. Malaysia Police Announce Results From Crackdown on Illegal Mining Since 2020, Malaysian authorities have detained a total of 627 people involved in crypto mining activities using stolen electrical power, the country’s Bernama news agency revealed. During the same period, law enforcement officials also seized mining....
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Police in Malaysia have shut down a bitcoin mining operation and seized 1,720 bitcoin mining machines in a major electricity theft crackdown following public complaints. “Police inspected 75 premises around the district and 30 of them were found to be carrying out illegal bitcoin mining activities and stealing electricity.”
Malaysian Authorities Shut Down Bitcoin Mining Operation
Malaysian police have cracked down on a major electricity theft case involving bitcoin mining, local media reported. Perak police chief Datuk Mior Faridalathrash Wahid said at a press....
Over 1,000 bitcoin mining machines have been totally destroyed in Malaysia after they were seized for illegally mining the cryptocurrency using stolen electricity. The mining machines, worth about $1.26 million, were steamrolled in the Malaysian city of Miri and eight people have been arrested so far. Over a Thousand Bitcoin Mining Machines Demolished in Malaysia Malaysian authorities have completely destroyed 1,069 bitcoin mining machines confiscated between February and April with a steamroller, local media reported Friday. The mining machines were seized in a joint operation carried out....
Two brothers from Rotterdam have been arrested for stealing electricity to mine bitcoins. According to the Openbaar Ministerie, local police confiscated the mining equipment and 200 thousand euros. Two Brothers Allegedly Stole Electricity to Mine Bitcoin and Grow Marijuana. Local reports said the two unnamed brothers owned the equipment, but stole power....
It’s unclear why authorities outright destroyed the miners rather than attempting to reap some value, but they could still be sold for scrap. Authorities in Malaysia destroyed more than $1.2 million worth of Bitcoin mining rigs after they were confiscated for operating illegally.In a video posted today from local news outlet DayakDaily, police in the city of Miri on the island of Borneo and the Sarawak Energy company arranged for a steamroller to run over 1,069 Bitcoin (BTC) miners. The rigs were reportedly confiscated from residents of Malaysia attempting to illegally mine the....
Some Bitcoin miners have been busted for stealing electricity according to a public statement by police in Ma’anshan, a mining town in China. Very few details are provided except to state that 74 bitcoin mining units have been seized, coinciding with a small fall in difficulty of around 1.63% on June the 8th. This is the second known case of Chinese bitcoin miners stealing electricity. Last year, 200 bitcoin mining rigs were seized following investigation by Ma’anshan’s power companies and police after reports from the public suggested possible stealing behavior. The investigation found....