Malaysian authorities arrest seven suspected Bitcoin mining-related power thefts
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).
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.
You may also like
CandyBomb x RAVE: Trade futures to share 200,000 RAVE!
Bitget TradFi: Trade gold, forex, and more assets in one account
CandyBomb x US: Trade to share 5,400,000 US
[Initial Listing] Bitget to list Almanak (ALMANAK). Grab a share of 4,200,000 ALMANAK
