Illegal crypto miners in Malaysia stole $723 million worth of electricity between 2018 and 2023

Odaily News According to the Deputy Minister of Energy and Water, illegal cryptocurrency miners in Malaysia stole electricity worth $723 million between 2018 and 2023. Akmal Nasrullah Mohd Nasir, Deputy Minister of Energy Transformation and Water Transformation of Malaysia, said that 2022 items (worth about $467,000) were seized in an operation, including Bitcoin mining machines and electrical equipment. Nasir said that these illegal mining activities not only harmed Tenaga Nasional Berhad, Malaysia's state-owned electricity operator, but also harmed local people in the affected areas. (Cointelegraph)