HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinIndonesian Police Shut Down 10 Bitcoin Mining Operations, According to Report

Indonesian Police Shut Down 10 Bitcoin Mining Operations, According to Report

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.

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