Malaysian police, on April 30, Hulu Terengganu and Marang region in the region of illegal Bitcoin mining operators for a gang was announced. It is stated that the operation took place within the scope of security measures against illegal activities carried out in the region in the northeast of Malaysia.
Bitcoin operation
In the searches, Bukit Perpat, Hulu Terengganu and Wakaf Tapai, Maranga two different places in the operation of the operation said that large -scale investigations. In the operation, it was announced that approximately 45 Bitcoin mining devices were seized and the value of these machines was about $ 52,145. Among the seized equipment, other tools used for illegal mining activity reported.
Police, the operation of the Tenaga Nasional Berhad (TNB) in cooperation with the Unit of Combating Special Losses (Seal) was learned. During the operation, it has not yet been detention or arrest.
Datuk Mohd Khairi Khairuddin, Terengganu Police Chief, illegal activities were investigated in depth, he said.
Illegal crypto mining
Within the scope of the operation, the seized mining equipment was about $ 8,342 (RM36.000) per month. Authorities, the crime is carried out with electricity obtained from both housing and commercial places, he said. The investigation reportedly continued to determine the use of illegal energy use on a wider scale.
In Malaysia, there are strict sanctions against the illegal use of communication and energy resources. Within the scope of the relevant legal regulations, those who are convicted of such crimes may be sentenced to imprisonment of up to five years and that they could be sentenced to serious fines. In previous years, 985 illegal mining devices were destroyed as a result of similar operations
The investigation into the operation is expected to expand with the completion of the legal process. Authorities, cooperation and supervision will be increased in the prevention of illegal activities.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
