Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Malaysian authorities arrest seven suspected Bitcoin mining-related power thefts

Malaysian authorities arrest seven suspected Bitcoin mining-related power thefts

CointimeCointime2024/08/19 07:36
By:Cointime

On Saturday, three local residents and four foreigners were arrested and detained for allegedly stealing electricity to provide power for bitcoin mining operations. The report stated that Wan Kamarul Azran Wan Yusof, the ACP of the Subang Jaya District Police, said that these individuals had no prior criminal records and that the authorities' aim was to "investigate illegal bitcoin mining activities involving electricity theft." Local police added that they seized 52 bitcoin mining devices and other electronic equipment, with a total estimated value of MYR 250,000 (approximately USD 57,000).

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Shiba Inu Community Pushes Token Toward $0,001

HappyCoinNews2024/11/14 19:00

215 Arrested in South Korea’s $232M Crypto Scam

South Korean police have arrested 215 people for taking part in a massive crypto fraud scheme

Altcoinbuzz2024/11/14 19:00

BlackRock Launches BUIDL Fund on 5 Blockchains

BlackRock, the world’s largest asset manager, just took a big step in the crypto world

Altcoinbuzz2024/11/14 19:00