The Malaysian police seized 1,720 Bitcoin miners to steal electricity

Local media reported that the Malaysian police had taken action against a major electricity theft related to Bitcoin mining.

Perak state police chief Datuk Mior Faridalathrash Wahid said at a press conference Thursday (December 30) at Manjung District Police Department that the raid was carried out because of public complaints. The sheriff stated:

“This is an activity that Tenaga Nasional Berhad (TNB) is involved in – a Malaysian multinational energy company and the largest fire and rescue station of the year in Sitiawan.”

The Malaysian police seized 1,720 Bitcoin miners to steal electricity -  CoinCu News

He found that the electricity theft was worth around RM 2 million ($ 478,870).

“Police inspected 75 facilities in the county, and 30 of them were involved in illegal bitcoin mining activities and electricity stolen.

We confiscated 1,720 Bitcoin miners along with 15 monitors, 22 CPUs, 16 keyboards, 7 mice, 56 network modems and 1 laptop. A Toyota Hilux, 44 exhaust fans, 5 alarm systems and 7 surveillance cameras were also confiscated.

Faridalathrash says the investigation is still ongoing to identify the mastermind behind the illegal Bitcoin mining and how long it has been going on.

Malaysian police also arrested a 28-year-old caretaker in Ayer Tawar on suspicion of engaging in illegal bitcoin mining activities and involvement in electricity stealing.

“The arrested man has been in custody for four days and is under investigation under Sections 379 and 427 of the Criminal Code and the 1990 Electricity Act.”

In July, Malaysian authorities also completely destroyed 1,069 Bitcoin miners worth around $ 1.26 million.

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The Malaysian police seized 1,720 Bitcoin miners to steal electricity

Local media reported that the Malaysian police had taken action against a major electricity theft related to Bitcoin mining.

Perak state police chief Datuk Mior Faridalathrash Wahid said at a press conference Thursday (December 30) at Manjung District Police Department that the raid was carried out because of public complaints. The sheriff stated:

“This is an activity that Tenaga Nasional Berhad (TNB) is involved in – a Malaysian multinational energy company and the largest fire and rescue station of the year in Sitiawan.”

The Malaysian police seized 1,720 Bitcoin miners to steal electricity -  CoinCu News

He found that the electricity theft was worth around RM 2 million ($ 478,870).

“Police inspected 75 facilities in the county, and 30 of them were involved in illegal bitcoin mining activities and electricity stolen.

We confiscated 1,720 Bitcoin miners along with 15 monitors, 22 CPUs, 16 keyboards, 7 mice, 56 network modems and 1 laptop. A Toyota Hilux, 44 exhaust fans, 5 alarm systems and 7 surveillance cameras were also confiscated.

Faridalathrash says the investigation is still ongoing to identify the mastermind behind the illegal Bitcoin mining and how long it has been going on.

Malaysian police also arrested a 28-year-old caretaker in Ayer Tawar on suspicion of engaging in illegal bitcoin mining activities and involvement in electricity stealing.

“The arrested man has been in custody for four days and is under investigation under Sections 379 and 427 of the Criminal Code and the 1990 Electricity Act.”

In July, Malaysian authorities also completely destroyed 1,069 Bitcoin miners worth around $ 1.26 million.

Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews

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