Malaysia Seizes 1,720 Bitcoin Mining Machines in Electricity Theft Crackdown
Malaysian Authorities Shut Down Bitcoin Mining Operation
Malaysian police have cracked down on a major electricity theft case involving bitcoin mining, local media reported. Perak police chief Datuk Mior Faridalathrash Wahid said at a press conference Thursday at the Manjung district police headquarters that the crackdown was carried out following public complaints.
Noting that the operation involved the Tenaga Nasional Berhad (TNB) and the Sitiawan Fire and Rescue Station, the police chief explained:
"This operation is the biggest success with TNB this year."
He noted that according to the TNB, the theft of electricity was worth about RM2 million ($478,870).
“Police inspected 75 premises around the district and 30 of them were found to be carrying out illegal bitcoin mining activities and stealing electricity,” the police chief explained, adding:
"We seized 1,720 bitcoin mining machines."
In addition, “15 monitors, 22 central processing units (CPUs), 16 keyboards, seven mice, 56 modems, and a laptop” were also seized, the police chief detailed. He added: “Also seized was a Toyota Hilux, 44 exhaust fans, five alarms, and seven closed-circuit television (CCTV) cameras.”
Mior Faridalathrash explained that further investigation is being conducted to identify the mastermind behind the illegal bitcoin mining operation and establish how long it has been going on. Read More…
