The Royal Malaysia Police (PDRM) yesterday revealed that a total of 627 individuals and RM69.8 worth of itemas have been seized since 2020 in cases related to illegal bitcoin mining in our country. Furthermore, the cases involved electricity theft for the cryptocurrency mining activities.
Inspector-General of Police (IGP) Tan Sri Acryl Sani Abdullah Sani in a statement yesterday said that the arrests were made possible thanks to cooperation between Tenaga Nasional Berhad (TNB) and the Criminal Investigation Department (JSJ). In fact, PDRM even received 9 Mitsubishi Tritons from TNB to be used for combating electricity theft in Malaysia.
As reported by national news agency Bernama, the IGP has advised the public to be wary against illegal bitcoin mining activities. He further called for Malaysians to channel any information to the police or TNB if they see parties other TNB representatives tamper with TNB installations or do any suspicious connections to them.
Acryl also reminded owners to always be vigilant before handing over their premises to tenants. Moreover, owners should also regularly inspect their premises to ensure it is not being used for illegal bitcoin mining.
Previously, TNB proposed for there to be a special tariff for Malaysians doing bitcoin mining in order to deal with this problem. As of March 2022, TNB estimated a total loss of RM2.3 billion due to electricity theft by illegal bitcoin miners
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