Indonesian law enforcement authorities have seized a total of 1,134 Bitcoin machines, as reported by a local source. The authorities have alleged that these machines were involved in the theft of electricity amounting to nearly $1 million. The confiscated Bitcoin machines were found to be illegally tapping into the local power grid, resulting in significant losses for the electricity provider. The seizure of these machines is a significant step in combating electricity theft and illegal cryptocurrency mining activities in the country. The Indonesian authorities are taking strict measures to enforce the law and prevent such illegal practices in the future.
HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinIndonesian Police Shut Down 10 Bitcoin Mining Operations (Report)