Indonesian law enforcement recently seized 1,134 Bitcoin machines following an investigation into alleged electricity theft. The local report reveals that the confiscated machines were involved in a scheme that resulted in nearly $1 million worth of electricity being stolen. The authorities took action after discovering the illegal activities. This seizure highlights the ongoing efforts of Indonesian law enforcement to crack down on cryptocurrency-related crimes and ensure the proper use of resources. The investigation and subsequent confiscation of the Bitcoin machines demonstrate the government’s commitment to maintaining a fair and lawful environment for cryptocurrency operations in the country.
HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinIndonesian Police Shut Down 10 Bitcoin Mining Operations, According to Report