Crypto Miners Arrested For Stealing Millions in Electricity: Thai Police Crack Down

Quick Summary:

Police and electricity authorities in Thailand have launched a series of crackdowns targeting illegal cryptocurrency mining operations accused of stealing massive amounts of electricity.

Raids conducted in Chachoengsao and Surat Thani provinces led to multiple arrests and the seizure of mining hardware worth millions of baht.

A Crime Suppression Division commander, Pol Maj Gen Montri Theskhan, revealed that Nathapong rented the commercial properties and owned the houses where the illicit operations occurred.

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Article Details

Author / Journalist: Samuel Edyme

Category: Crypto

Markets: HungaryThailand

Topics: Crypto Market Thailand and Crypto Crypto News Crypto Crypto regulation Crypto mining Crypto crime Bitcoin mining

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 02:00:02 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 400 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 23562979

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 15 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #105

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