Over 1,000 cryptocurrency platforms destroyed by Malaysian authorities with steamroller



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Malaysian authorities destroyed 1,069 cryptocurrency platforms after they were confiscated in raids earlier this year. A steamroller was used to crush equipment in the city of Sarawak, after the Malaysian provincial power company accused mining operators of stealing electricity for their operations.

The operators allegedly stole RM8.4 million ($ 2 million) of energy from the company. Authorities say the operation was dispersed to four locations and six suspects, aged 24 to 64, were arrested. electrical connections. Malaysian authorities believe electricity worth $ 21.3 million has been stolen by illegal Bitcoin mining operations in the past year in the country.

Elsewhere in the world, Ukraine’s Security Service dismantled a crypto mining operation earlier this month for allegedly stealing electricity from the country’s power grid. More than five thousand devices, including PS4 Pro racks, were confiscated in a warehouse. Ukrainian officials say about $ 256,000 of energy has been stolen.

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