DeFi Intel

Malaysia Seizes Over 75,000 Crypto Mining Rigs in Power-Theft Crackdown

More than 3,000 raids since 2022 have led to 629 arrests, as authorities target miners siphoning electricity from the national grid.

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Malaysia's deputy home minister told parliament that over 3,000 raids since 2022 produced 629 arrests, with the energy ministry linking roughly $1.1 billion in power losses to illegal mining sites.

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