Jul 10, 02:30 PM

Malaysia Uncovers $723M Electricity Theft by Crypto Miners from 2018 to 2023

Malaysia's largest electricity utility has uncovered a massive electricity theft by illegal crypto miners, who have stolen $723 million worth of electricity from 2018 to 2023. Malaysian authorities have seized and destroyed over 2,022 mining rigs in 2022 as part of their efforts to curb the illicit activities. Deputy Minister Akmal Nasir highlighted the significant impact on the power grid and local communities.

#Malaysia #Malaysian #Akmal Nasir

Written with ChatGPT (GPT-4o).