Police seize and steamroll 1,069 bitcoin machines worth $1.26 million.
Malaysian authorities seized 1,069 bitcoin mining rigs, laid them out in a parking lot at police headquarters, and used a steamroller to crush them.
Assistant Commissioner of Police Hakemal Hawari told CNBC the crypto crackdown came after miners allegedly stole $2 million worth of electricity siphoned from Sarawak Energy power lines.Malaysian authorities seized 1,069 bitcoin mining rigs, laid them out in a parking lot at police headquarters, and used a steamroller to crush them, as part of a joint operation between law enforcement in the city of Miri and electric utility Sarawak Energy.
Assistant Commissioner of Police Hakemal Hawari told CNBC the crackdown came after miners allegedly stole $2 million worth of electricity siphoned from Sarawak Energy power lines.posted last week by local Sarawak news outlet Dayak Daily has since gone viral on social media. Acting on a tip, authorities on the island of Borneo confiscated the rigs in six separate raids between February and April. In total, police destroyed about $1.26 million of mining equipmentPolice opted to crush the mining gear rather than sell it, in accordance with a court order. Other countries, like China, have taken a different route,
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