$ 29,148.00 4.07%
$ 1,974.74 3.64%
$ 49.16 6.97%
$ 0.083401 3.65%
$ 7.74 3.58%
$ 1.37 3.84%
$ 0.000159 17.42%

Malaysian authorities arrests 5 Bitcoin miner thieves

Malaysia arrests 5 Bitcoin miner thieves

As many as five Bitcoin miner thieves have been arrested by the Malaysian law enforcement and police, and the charges have been pressed over the theft of 85 Bitcoin miners.

The five people were arrested this past Saturday on the offense of stealing 85 bitcoin miners that had a price value of above $10,000 as described by the Malaysian local news outlet.

Bitcoin miner thieves strick at the storehouse

According to the news reporters, there were a total of five thieves. The suspects worked at the storehouse where the machinery was kept.

The criminals reportedly used the property next door to the storehouse and after working for just one day at the storehouse, drilled through the walls of the property to get inside the storehouse.

One of the shop workers alerted the police on 29th October that the machinery had gone missing, after which the police arrested the crooks on Saturday, confiscating the drill machines along with two cars.

A similar Bitcoin-related crime took place back in September in Russia, where workers at a nuclear facility were charged $7,000 for using the supercomputer to mine bitcoins.

Featured Image by GoodFreePhotos

Shawn Du'Mmett

Shawn Du'Mmett

Former IT development and consultant, remote team and collaboration expert, PM, CCO, writer, dreamer, idealist looking to collaborate with global teams on a global teal/turquoise organisation. Shawn's dream is working together openly, to get what writers need and want, and to solve biggest global problems. He is building a collaboration system from the start that everyone can own and define, allowing them to work together, to decide how it works and to their highest ideals.

Related News

Hot Stories

Ethereum wipes out $8.10B while eagerly awaiting 'The Merge'
Michael Saylor says market crash will benefit Bitcoin
Crypto exchanges are relisting LUNA after the crash
Terra admits to facing technical issues in resuming LUNA and UST transfer 
RoboApe could be valued over Dogecoin and other crypto-memes.

Follow Us

Industry News

eBay jumps into declining NFT business with Wayne Gretzky's help
Crypto crowd’s shocking prominence in Davos
Balenciaga U.S. stores to accept BTC and ETH starting June 2022
BTC Pizza Day is celebrated amid crypto crash
CV VC launches Africa-focused blockchain fund