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Malaysian authorities have arrested seven suspected power thieves in connection with bitcoin mining

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2024-08-19 06:47:52
According to Bernama News Agency on Saturday, three local residents and four foreigners were arrested and detained last week on suspicion of stealing electricity to power bitcoin mining operations.
Sepang district police chief ACP Wan Kamarul Azran Wan Yusof said the men had no previous criminal records and the authorities were "investigating illegal bitcoin mining activities involving electricity theft," according to the report.
The local police added that they seized 52 bitcoin mining rigs and other electronic equipment with a total estimated value of 250,000 Malaysian ringgit (RM), equivalent to $57,000.
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