In brief
- Electricity theft cases jumped from 300% in 2018 to 2024 as crypto mining in the country grows.
- Joint operations with authorities have shut down numerous illegal mining operations nationwide.
- Some property owners report bills of up to $278,400 as tenants set up unauthorized mining rigs.
Malaysia’s largest national electric utility company, Tenaga Nasional Berhad (TNB), is helping authorities crack down on electricity theft tied to illegal crypto mining operations in the country, which it claims has jumped nearly 300% over the last six years.
The surge in complaints “reflects increasing public awareness of reporting on illicit crypto mining activities,” according to a statement provided by TNB to local media on Monday.
Of the 610…
May 12 2025
