Malaysia Targets Illegal Crypto Mining: $723 Million in Electricity Stolen

Illegal crypto mining operators in Malaysia have stolen an astounding $723 million worth of electricity from 2018 to 2023, as revealed by Deputy Minister of Energy Transition and Water Transformation, Akmal Nasrullah Mohd Nasir. This substantial theft has severely impacted Malaysia’s state-controlled power operator, Tenaga Nasional Berhad, and local communities. Seizure of Equipment In an … Continue reading “Malaysia Targets Illegal Crypto Mining: $723 Million in Electricity Stolen” The post Malaysia Targets Illegal Crypto Mining: $723 Million in Electricity Stolen appeared first on Cryptoknowmics-Crypto News and Media Platform .

Source: Cryptoknowmics