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Police Raid Illegal Bitcoin Mining Operation That Caused 6 Million Baht in Losses


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A police raid on October 19, led by Pol. Lt. Gen. Somprasong Yentoam, Commissioner of Provincial Police Region 2, and Pol. Maj. Gen. Teerachai Chamnanmor, Deputy Commissioner of the Investigation Division of Region 2, uncovered an illegal Bitcoin mining operation in Bang Nam Priao, Chachoengsao, which had been stealing electricity for 28 months.

 

Authorities, along with officials from the Provincial Electricity Authority (PEA), inspected a commercial building located at 53/13 Suwinthawong Road, Sala Daeng Sub-district, Bang Nam Priao District, following a tip-off. The building was found to be illegally bypassing the electricity meter, causing substantial losses to the PEA.

 

 


During the search, the police seized 23 Bitcoin mining machines, a network server, a main breaker, seven smaller circuit breakers, a ventilation fan, four insulated aluminum cables, and a set of CCTV cameras with a memory card.

 

According to Pol. Maj. Gen. Teerachai, the investigation began after the PEA branch in Ban Khlong Chao, Chachoengsao, reported suspicious electricity usage in the building. Upon inspection, they found that the miners had been operating without registering the electricity meter, bypassing it entirely. The building had been rented since August 2022, resulting in accumulated losses amounting to 6,160,000 baht over 28 months.

 

Authorities are currently investigating the person who signed the lease agreement and will track bank accounts used to pay rent and electricity bills. The seized equipment has been handed over to the Muang Chachoengsao Police Station for further legal action.

 

Picture courtesy of Matichon.

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-- 2024-10-20

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