Seized PS4 consoles in Ukraine used for FIFA accounts, not crypto mining
The gaming hardware confiscated by the Ukrainian police was being used to create in-game currency and not for farming cryptocurrency. Last week, Cointelegraph reported on the seizure of 3,800 PlayStation consoles allegedly being used to mine cryptocurrency. The confiscated gaming units were among a stash of hardware discovered by Ukrainian authorities during a raid on a farmhouse accused of tampering with electric meters to steal power from the local grid.Based on the initial reports at the time, the PS4 consoles, graphics cards, processing units and other hardware found at the scene was....
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Miners used an empty warehouse of an electricity supply company to plug into the grid and mine crypto on a variety of devices, including gaming consoles. Ukrainian authorities have raided an allegedly illicit crypto farm in the country. According to an official announcement from the Security Service of Ukraine, the facility was located on the former premises of JSC Vinnytsiaoblenergo, an electricity supply company. The illegal crypto miners concealed their activities by manipulating electricity meters to steal electricity from JSC Vinnytsiaoblenergo. Described as the largest underground....
Law enforcement officials in Ukraine have closed down a cryptocurrency mining farm that was minting digital coins using stolen electricity. The facility had more than 150 mining rigs that have been confiscated during a raid in Chernihiv region. Authorities in Ukraine Seize Over 150 ASICs From Crypto Mining Farm The Security Service of Ukraine (SBU) has uncovered and shut down a crypto farm that was operating illegally in Chernihiv Oblast, in the north of the country. The unidentified owners had illegally connected the facility to an electrical transformer substation of the region’s....