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Malaysian Police Raid Illegal Bitcoin Mining Setup
On May 1, 2025, Malaysian authorities took swift action to crack down on unauthorized Bitcoin mining operations in the country. A recent police raid uncovered a significant setup utilizing 45 illegal mining machines, all of which were running on stolen electricity.
The raid was led by Supt Mohd Hafz Muhammad Nor and involved the discovery of nine mining rigs connected to power theft supplies upon arrival at the location. The authorities targeted these activities due to their fraudulent electricity use, marking another instance of enforcement against illegal crypto mining operations.
Notably, this incident highlights a recurring pattern in Malaysia, where tenants use fake identities to rent properties and engage in such illicit activities. As a result, local authorities are now urging stricter landlord-tenant regulations and further investigative measures by electricity suppliers like TNB.
Furthermore, the financial implications of these illegal mining operations are substantial, with unpaid electricity bills totaling $1.9 million recently. This has sparked calls for tightening landlord and tenant regulations to protect property owners from such losses.
Historically, Malaysia has faced repeated power theft issues related to Bitcoin mining. Regrettably, this suggests an ongoing vulnerability in regulatory systems, necessitating stronger tenant verification methods and stricter penalties to deter fraudulent activities among crypto operations.
Experts at Kanalcoin emphasize the importance of robust regulatory frameworks and enforcement, suggesting that improved tech solutions could reduce such incidents while safeguarding landlords from financial exploitation.
Source: https://www.kanalcoin.com/malaysian-police-raid-bitcoin-mining/
