Hong Kong Police Arrest Two Over Alleged Crypto Mining in Care Homes

In brief

  • Two technicians were arrested for allegedly setting up eight illicit crypto mining rigs.
  • Running the hidden mining rigs inflated monthly electricity bills for care homes.
  • Illegal crypto mining has become a growing problem globally.

Hong Kong police have detained two men on suspicion of diverting electricity from care homes for the disabled to power cryptocurrency mining machines.

Police allege the pair, aged 32 and 33, used their access during renovation work to install eight devices in the suspended ceilings of two offices. The machines ran around the clock, adding as much as $1,153 (HK$9,000) to monthly power bills.

Inspector Ng Tsz-wing from Sham Shui Po’s technology and financial crime squad said the case came to light…

Source link