Malaysia Launches Major Crackdown: Task Force Seizes 14,000 Illegal Bitcoin Mining Rigs

Malaysian authorities have escalated their fight against electricity theft by forming a specialized joint task force. This unit, combining aerial and ground operations, successfully raided and shut down illegal cryptocurrency mining operations, confiscating approximately 14,000 Bitcoin (BTC) mining rigs. The crackdown targeted miners who were illegally tapping into the national power grid, causing significant financial losses to the state utility company. This decisive action highlights the government's commitment to curbing energy theft and enforcing regulations in the burgeoning crypto mining sector. The seized equipment represents one of the largest enforcement actions against unauthorized Bitcoin mining in the region, signaling a stricter regulatory environment for crypto-related activities in Malaysia.