Illegal Crypto Miner Caught After Stealing More Than $400K of Electricity By Cointelegraph

Illegal Crypto Miner Caught After Stealing More Than $400K of

Illegal Crypto Miner Caught After Stealing More Than $400K of Electricity

Police arrested a resident in Makhachkala, Russia, on June 9, who allegedly created an illegal massive crypto-mining structure that connects around 500 platforms to the local power supply network.

According to the June 6 announcement from local authorities, the 30-year-old crypto miner established a mining scheme that caused economic damage to the state power grid valued at over 34 million rubles ($494,000).

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