JOHRO BARU: Police have arrested three men for stealing electricity to mine cryptocurrency.
Johor police chief Comm Datuk M. Kumar said that a cryptocurrency mining syndicate was dismantled with the arrest.
He stated that at least nine premises were raided in Johor Baru, Seri Alam, Kulai and Tangkak on April 22 and 23.
“We seized some 87 machines used to mine the cryptocurrency,” he said, adding that the mining machines were worth RM217,500.
Police also seized mobile phones, laptops, routers and other items from the syndicate.
All three suspects, who were in their 40s, have since been remanded to assist with the investigation.
Comm Kumar added that the syndicate has been using premises in residential areas and shop lots to carry out its activities, resulting in Tenaga Nasional suffering losses totalling RM1.28mil.
He said that police would continue to clamp down on such activities and urged the public with information to contact the police hotline at 07-2212999.
