Police in Malaysia have destroyed more than 1,000 bitcoin (BTC) miners after seizing $1.2 million worth of illegal equipment. However, authorities did not go with an orthodox method of destroying the mining equipment. As reports, and a video, from Malaysian newspaper DayakDaily confirmed, they ran over the 1,069 seized ASIC miners with a steamroller. They...
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Electricity theft in Malaysia. Last month, TNB and the police teamed up to bring down a ring of bitcoin miners who allegedly caused the utility company to lose $2.13 million in revenue. The police raided 21 premises and seized 1,746 bitcoins as well as bitcoin mining equipment worth $64,000.
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Call it a crypto crackdown — literally. Malaysian authorities seized 1,069 bitcoin mining rigs, laid them out in a parking lot at police headquarters, and used a steamroller to crush them, as part of a joint operation between law enforcement in the city of Miri and electric utility Sarawak Energy.
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Police destroyed around $1.26 million of mining equipment in totality. Stealing of electricity . Malaysian officials believe that last year, $21.3 million were stolen in the country through illegal Bitcoin mining operations. Besides Malaysia, there are other countries who are also witnessing stealing of electricity worth millions.
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Call it a crypto crackdown — literally. Malaysian authorities seized 1,069 bitcoin mining rigs, laid them out in a parking lot at police headquarters, and used a steamroller to crush them, as part of a joint operation between law enforcement in the city of Miri and electric utility Sarawak Energy.
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Selangor [Malaysia], April 20 (ANI): Cops in Malaysia have seized 297 bitcoin mining machines and other electrical equipment worth around Malaysian Ringgit (RM) 100,00 after raiding multiple premises allegedly involved in stealing power. A police officer from the Serdang town in Selangor state on Monday said that they conducted raids at three
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Electricity theft in Malaysia. Last month, TNB and the police teamed up to bring down a ring of bitcoin miners who allegedly caused the utility company to lose $2.13 million in revenue. The police raided 21 premises and seized 1,746 bitcoins as well as bitcoin mining equipment worth $64,000.
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Authorities in Malaysia destroyed Bitcoin mining equipment worth more than $1.2 million after seizing them for operating illegally. Get 110 USDT Futures Bonus for FREE! Police in the city of Miri on the island of Borneo and the Sarawak Energy business organized for a steamroller to run over 1,069 Bitcoin (BTC) miners, according to a video broadcast today by local news site DayakDaily .
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Police in Malaysia have destroyed more than 1,000 bitcoin (BTC) miners after seizing $1.2 million worth of illegal equipment. However, authorities did not go with an orthodox method of destroying the mining equipment. As reports, and a video, from Malaysian newspaper DayakDaily confirmed, they ran over the 1,069 seized ASIC miners with a
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Malaysian authorities seized 1,069 bitcoin mining rigs, laid them out in a parking lot at police headquarters, and used a steamroller to crush them.
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Malaysian authorities drove a steamroller across 1,069 seized ASIC miners at Miri district police HQ. $1.2M worth of mining equipment was confiscated earlier in the year, with eight people arrested. Six defendants, charged with electricity theft, face $1,900 fines and up to eight months in prison. promo.
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A video of crypto mining equipment being destroyed in Malaysia went viral in July 2021. It was reported that Malaysian authorities seized 1,069 bitcoin mining rigs, laid them out in a parking lot at police headquarters, and used a steamroller to crush them.
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Malaysian authorities seized bitcoin mining rigs after tip-offs. The rigs were operating by siphoning off electricity illegally from Sarawak Energy power lines. The rigs were then laid out in a car park and the scene was videoed as a bulldozer destroyed them all. According to a story on CNBC earlier today, cryptocurrency mining is not illegal in […]
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Malaysian authorities have raided a crypto mining facility located at George Town, capital of Penang state, and seized over 400 mining machines which cost RM180,000, equivalent to $43,800. Along with the machines, the police have also arrested four suspects.
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Police in Malaysia destroyed 1,069 bitcoin mining devices with a roller. Miri authorities seized the devices from miners accused of stealing electricity, writes the local newspaper The Star. The equipment was confiscated during a joint operation by the police department and the power company Sarawak
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Malaysian cops seized 297 bitcoin mining machines and other electrical equipment worth about $2,427. The two Chinese nationals were a man and a woman, aged 32 and 38, respectively. The illicit conduct cost the Malaysian multinational electricity company, TNB, at least $31,546.
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Malaysian authorities seized 1,069 bitcoin mining rigs, laid them out in a parking lot at police headquarters, and used a steamroller to crush them.
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Malaysian authorities seized 1,069 bitcoin mining rigs, laid them out in a parking lot at police headquarters, and used a steamroller to crush them, as part of a joint operation between law enforcement in the city of Miri and electric utility Sarawak Energy.
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Bitcoin mining operation raided in Negri Sembilan, Malaysia. The police and TNB jointly raided nine premises on March 23 and seized 581 bitcoin mining machines, said Supt Mohd Fazley Abdul Rahman. The confiscated equipment is said to be worth 1.6 million Malaysian ringgit (approximately $385K).
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Malaysian authorities have raided a crypto mining facility located at George Town, capital of Penang state, and seized over 400 mining machines which cost RM180,000, equivalent to $43,800. Along with the machines, the police have also arrested four suspects.
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Multiple Bitcoin mining operations disguising as simple shophouses have been shut down by Malaysian officials in a series of raids. Over 400 Bitcoin mining machines have been seized by the authorities. The total cost of these mining equipments is around RM180,000. That works out to $43,800 in total. The raids took place in Penang''s George Town.
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Electricity theft in Malaysia. Last month, TNB and the police teamed up to bring down a ring of bitcoin miners who allegedly caused the utility company to lose $2.13 million in revenue. The police raided 21 premises and seized 1,746 bitcoins as well as bitcoin mining equipment worth $64,000.
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Police in China have seized assets worth 400m yuan (£46m) and arrested dozens of people in connection with a suspected The post Police seize $62m in assets from alleged Filecoin ponzi scheme
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Malaysia Flattens Seized Bitcoin Mining Rigs With Steamroller — Over 1,000 Machines Demolished Over 1,000 bitcoin mining machines have been totally destroyed in Malaysia after they were seized for illegally mining the cryptocurrency using stolen electricity.
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