Crypto Miners Arrested For Stealing Millions in Electricity: Thai Police Crack Down

Police and electricity authorities in Thailand have launched a series of crackdowns targeting illegal cryptocurrency mining operations accused of stealing massive amounts of electricity.

Raids conducted in Chachoengsao and Surat Thani provinces led to multiple arrests and the seizure of mining hardware worth millions of baht.

How It Went Down

According to a recent report from local news media, raids occurred over the weekend in Surat Thani province, with officials searching seven commercial buildings and two residential properties in Muang district.

The investigation resulted in the arrest of two men, Nathapong and Arthit, aged 30. Authorities confiscated 111 crypto-mining machines, seven desktop computers, 10 routers, and 10…

Source link