Indonesian law enforcement recently seized 1,134 Bitcoin machines, as reported by local sources. The authorities allege that these machines were involved in an electricity theft worth almost $1 million. This action highlights the government’s efforts to crack down on illegal activities related to cryptocurrency mining. The confiscated machines will likely be used as evidence in ongoing investigations. This incident serves as a reminder of the importance of adhering to legal regulations and the potential consequences for those involved in illicit cryptocurrency operations.
HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinIndonesian Police Shutdown of 10 Bitcoin Mining Operations: Report