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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 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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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 law-enforcement groups have confiscated BTC mining equipment from miners that were using electricity without an official permission As reported by The Star, in the Malaysian state of Penang, the police have confiscated 441 machines for crypto mining that were worth RM180,000. Four suspects have been taken in custody after several raids. The Bitcoin mining gear […]
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The police officers seized the illegal connections which prosecutors will use as evidence. Stealing electricity in Malaysia is a criminal offence that carries a $23,800 fine as well as five years’ imprisonment. According to local outlet Malay Mail, cases of electricity theft by block reward miners have shot up in the past two years.
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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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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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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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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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Tin mining is one of the earliest type of mining operated in Malaysia, starting in the 1820s in Perak and in 1824 in Selangor. The development of mining industries in Malaysia attracted many Chinese immigrants who came to the state in 18th and 19th centuries to work and develop the mine fields.
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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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The police officers seized the illegal connections which prosecutors will use as evidence. Stealing electricity in Malaysia is a criminal offence that carries a $23,800 fine as well as five years’ imprisonment. According to local outlet Malay Mail, cases of electricity theft by block reward miners have shot up in the past two years.
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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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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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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 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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But per a report from Malaysia media outlet The Star, it was the police in the city of Miri in Malaysia’s Sarawak state that was deposing a total of 1,069 bitcoin miners seized from a recent crackdown on an electricity theft. According to the report, the Miri police and the Sarawak Energy Berhad carried out a joint operation between February
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Malaysian Police crush thousands of bitcoin mining machines. It is reported that the Malaysian Police and the local power company Sarawak energy took a joint action and seized 1069 bitcoin mining machines. Recently, the police placed these excavators in the parking lot of the police headquarters and crushed them thoroughly with a roller.
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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 $31,546.
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Call it a crypto crackdown — literally. Malaysian authorities seized 1,069 bitcoin mining rigs, laid them out in a parking lot at police headquarters, and used a steamroller to crush them, as part of a joint operation between law enforcement in the city of Miri and electric utility Sarawak Energy.
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Malaysian Government destroys at least a thousand mining rigs relating to Bitcoin, which it had seized from the possession of miners on the allegations of electricity theft. All the seized properties were destroyed by running a steamroller on them causing damage of US$ 1.26 Million to the illegal miners.
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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 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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