Police Raid Cannabis Farm, Find Secret Bitcoin Mine Instead
We’ll make a valid point about Bitcoin mining using this story, we promise. This one would be hilarious if there wasn’t a crime involved. So, don’t laugh. We’re serious. In the United Kingdom, the West Midlands Police received a tip about a warehouse. Ventilation ducts and wiring were visible and multiple people visited the facilities […]
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Police from the UK executed a raid in an industrial unit in the West Midlands county expecting to find a cannabis farm, but instead found a big bitcoin mining facility, that was coincidentally bypassing the controls from the local power utility company to siphon energy from the main grid, stealing thousands of pounds in the process. UK Police Raid Alleged Cannabis Farm, Stumbles Upon Bitcoin Mining Facility The West Midlands Police Department got a real surprise last week when they raided an alleged cannabis farm in an industrial premise, just to find the facility was used to operate a....
Australian police have raided the Sydney home and office of Craig Steven Wright, the man alleged to be bitcoin's inventor as the anonymous Satoshi Nakamoto. Australian Federal police in Sydney have raided the home and office of Craig Wright who is identified as the creator of bitcoin. According to The Guardian, more than 10 police personnel arrived in Gordon, a Sydney suburb to raid a home belonging to Craig Wright. The raid was conducted not long after WIRED and Gizmodo revealed investigations leading the publications to believe they may have discovered bitcoin's creator. The Guardian....
Authorities in South Korea have launched a major raid against a domestic crypto exchange allegedly involved in a millionaire multi-level marketing (MLM) fraud. The police accuse V Global platform of running an illicit operation that reportedly stole hundreds of millions of dollars from investors. Masterminds Could Have Defrauded Over 40,000 People According to Yonhap, police obtained a court order to conduct searches into 22 properties connected with the crypto firm, including its headquarters based in the financial district of Gangnam in Seoul. Although local media outlets refused to....
Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials have confiscated dozens of mining devices from an illegal crypto farm.
Abkhazia Shuts Down Crypto Farm, Seizes Mining Hardware
Police in Abkhazia have closed down another crypto mining installation in a rural area of the breakaway Georgian republic. The illegal coin minting facility was located in the village of Yashtuha, Sukhumi region, the Ministry of Internal Affairs....
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....