Malaysia Seizes Over 75,000 Crypto Mining Rigs in Power-Theft Crackdown

Decrypt Editorial

(03:40 PM UTC)

1 min read

In brief

Malaysian authorities have seized more than 75,000 crypto mining machines in over 3,000 raids between 2022 and May 2026, the Deputy Home Minister told parliament.
The operations, run with national utility Tenaga Nasional Berhad and the police, led to 629 arrests, he said.
Crypto trading is legal in Malaysia, but mining that relies on stolen electricity, tampered meters or unlicensed…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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