Malaysian Police Arrests Four Crypto Mining Operators For Stealing Electricity From Sarawak Energy Berhad
Malaysian Police Arrests Four Crypto Mining Operators For Stealing Electricity From Sarawak Energy Berhad
August 13, 2020
Malaysian Police Arrests Four Crypto Mining Operators For Stealing Electricity From Sarawak Energy Berhad
Malaysian Police Arrests Four Crypto Mining Operators For Stealing Electricity From Sarawak Energy Berhad
August 13, 2020

Malaysian police arrested four cryptocurrency mining operators after discovering that they were stealing electricity from Sarawak Energy Berhad (SEB), a state-owned power firm.

It has been reported by Malay Mail that authorities spent two days cracking down on four shophouses, believed to be housing cryptocurrency mining centers, as the shophouses were located in the cities of Jalan Tun Ahmad Zaidi Adruce, Jalan Pahlawan and Jalan Tunku Abdul Rahman.

However, according to the investigation, the thieves stole over $59,000 per month from the power company.

The Electrical Inspectorate Unit (EIU) from the Sarawak Ministry of Utilities also participated in the operation.

They provided additional details about the scheme by stating:

“At all premises, it was found that unsafe direct tapping cables from the main incoming supply were hidden in the gypsum ceiling that were connected straight to the electrical appliances, bypassing the meter and avoiding actual electricity consumption measurements.”

Likewise, the shophouses are reported to have generated $191 in monthly electricity bills, which seems to imply that the miners also cheated local energy meters to make it look a legitimate operation.

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Thus, figures from the EIU show that 50 crypto-related electricity theft cases have been investigated since 2018.

Source: Cointelegraph | Image: DNA India


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Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. She is an archetypal writer, who loves to create her own little world with words and locutions. Apart from this, her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.
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