Atlas21
  • ‎
No Result
View All Result
Atlas21
No Result
View All Result
Atlas21
Home Bitcoin

Explosion in Malaysia uncovers illegal Bitcoin mining operation

Newsroom by Newsroom
February 18, 2025
in Bitcoin
Esplosione in Malesia svela impianto illegale di mining Bitcoin
Share on FacebookShare on TwitterShare on Linkedin

An explosion in a residential home reveals a Bitcoin mining operation powered by stolen electricity.

An explosion in the Malaysian city of Bandar Puncak Alam has exposed an illegal Bitcoin mining operation.

The incident occurred on February 11 when smoke and flames erupted from a house on Lorong Cekara Purnama Street. A local resident raised the alarm at 11:41 AM. After firefighters extinguished the blaze later in the afternoon, investigators uncovered an unauthorized setup: nine Bitcoin mining devices, cooling fans, and a D-Link router, all illegally connected to the power grid.

In Malaysia, tampering with electrical lines is a criminal offense under Section 37 of the Electricity Supply Act, carrying fines of up to 100,000 Malaysian ringgit (approximately $24,000) and prison sentences of up to five years.

Last month, Thai police uncovered a similar operation in Chon Buri, where around 1,000 mining machines had siphoned off an estimated $3 million worth of electricity. Between 2018 and 2023, Malaysia is estimated to have lost around $750 million due to similar activities.

Malaysian authorities have launched an investigation and are seeking information that could lead to the arrest of those responsible.

Previous Post

Kidnapping in Chicago: family held for $15 million crypto ransom

Next Post

US: crackdown on Bitcoin miners, seizures extended to MicroBT and Canaan

Latest News

Il 94% dei titoli “tokenizzati” sul mercato è centralizzato
Industry

94% of “tokenized” stocks on the market are centralized

by Newsroom
July 27, 2026
0

A single California broker holds more than $1.5 billion in shares underlying stock tokens, while the SEC warns that third-party...

Read moreDetails
el salvador
Bitcoin

Five years of Bitcoin Law: bitcoin remittances in El Salvador remain at 0.7%

by Newsroom
July 27, 2026
0

Data from the Central Bank of El Salvador for the first half of 2026 show that of more than $5...

Read moreDetails
BancaStato lancia il trading Bitcoin tramite Sygnum e Avaloq
Bitcoin

BancaStato launches Bitcoin trading via Sygnum and Avaloq

by Newsroom
July 24, 2026
0

The Ticino cantonal bank integrates Bitcoin into its digital channels, relying on Sygnum's infrastructure and the Avaloq core banking platform

Read moreDetails
Report BIS: la Banca dei Regolamenti Internazionali boccia le stablecoin
Feature

When the BIS discovers its own irrelevance

by Federico Rivi
July 24, 2026
0

The central bank of central banks warns that dollar stablecoins bypass capital controls, fearing the erosion of its own relevance...

Read moreDetails
ledger bug
Industry

Flaw in Zilliqa’s Ledger app exposes users’ private keys

by Newsroom
July 23, 2026
0

Zilliqa reports that the vulnerability generates predictable ephemeral nonces, allowing an attacker to reconstruct a user's private key from publicly...

Read moreDetails
Atlas21

© 2026 Atlas21

Navigate Site

  • Editorial Policy
  • Cookie Policy
  • Privacy Policy
  • Team

Follow Us

Italiano
No Result
View All Result
  • Bitcoin 101
    • What Is Bitcoin? A Complete Guide
    • Bitcoin Security: A Complete Guide
    • Bitcoin Privacy: A Complete Guide
    • Lightning Network: A Complete Guide
    • Bitcoin Mining: A Complete Guide
    • Advanced Bitcoin: A Technical Guide
  • Learn
  • Latest News
  • Interviews
  • Opinion
  • Feature
  • B2B Services
  • About Us
  • Contacts

© 2026 Atlas21

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site, we will assume that you are happy with it.