Summary
- Malaysian police said they uncovered an illegal Bitcoin mining operation during a joint raid with state-owned power company TNB.
- Authorities said they seized 48 Bitcoin mining rigs and related equipment from a house in Perak state, which is accused of using electricity without authorization.
- In Selangor state, officials publicly destroyed a total of 7,445 seized items, including 186 mining rigs, and said the destroyed goods were worth about 1.19 million ringgit (roughly $269,000).
Forecast Trend Report by Period
Malaysian police are intensifying a crackdown on illegal Bitcoin mining. Authorities recently also publicly destroyed hundreds of seized Bitcoin mining machines.
Singapore's Lianhe Zaobao reported on Nov. 12 that police in Malaysia's Perak state conducted a joint raid with state-owned power company Tenaga Nasional Berhad on Nov. 10 and uncovered a house suspected of hosting an illegal Bitcoin mining operation.
Police seized 48 Bitcoin mining rigs and related equipment from the house. The facility is accused of mining Bitcoin with illegally tapped electricity.
In Selangor state on Nov. 11, authorities held a public destruction event for 7,445 pieces of evidence, including 186 mining rigs and 332 computers. The destroyed items were valued at about 1.19 million ringgit, or roughly $269,000.
Uk Jin
