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Mexico seizes 300 GPUs at suspected illicit crypto farm

Mexico seizes 300 GPUs at suspected illicit crypto farm

Mexican authorities have seized roughly 300 GPUs from a suspected illicit crypto mining farm in Puebla while investigating possible electricity theft and money laundering.

Summary

  • Mexican authorities seized roughly 300 GPUs from a suspected illicit cryptocurrency mining operation in Puebla.
  • Investigators are examining whether the remote facility illegally drew electricity from a nearby hydroelectric dam.
  • Authorities found eighty medium-voltage terminals, eight satellite antennas, and a transformer inside the secluded property.
  • No cartel, cryptocurrency, wallet address, arrest, or criminal charge has been publicly identified by investigators.
  • Chainalysis estimated illicit…

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