Malaysia Uncovers $1.1B in Illegal Crypto Mining Power Theft
The discovery comes amid the country’s ongoing crackdown on power theft targeting digital asset production facilities.
Malaysia Crypto News
Malaysia’s national utility Tenaga Nasional Berhad has identified over $1.1 billion in losses from electricity stolen for crypto mining operations across roughly five years. The discovery comes amid the country’s ongoing crackdown on power theft targeting digital asset production facilities.
The energy ministry stated in a parliamentary filing dated Tuesday that TNB identified 13,827 premises that illegally siphoned power to mine Bitcoin and other cryptocurrencies between 2020 and August 2025. The activity resulted in losses of at least 4.57 billion ringgit, equivalent to $1.1 billion.
Malaysia has…
