Advertisement
Canada markets closed

  • S&P/TSX

    22,465.37
    +165.57 (+0.74%)
     

  • S&P 500

    5,308.03
    +4.76 (+0.09%)
     

  • DOW

    39,833.46
    -170.13 (-0.43%)
     

  • CAD/USD

    0.7343
    -0.0005 (-0.07%)
     

  • CRUDE OIL

    79.59
    -0.47 (-0.59%)
     

  • Bitcoin CAD

    93,250.55
    +2,386.42 (+2.63%)
     

  • CMC Crypto 200

    1,393.26
    +38.84 (+2.87%)
     

  • GOLD FUTURES

    2,439.40
    +22.00 (+0.91%)
     

  • RUSSELL 2000

    2,105.28
    +9.57 (+0.46%)
     

  • 10-Yr Bond

    4.4370
    +0.0170 (+0.38%)
     

  • NASDAQ

    16,775.03
    +89.07 (+0.53%)
     

  • VOLATILITY

    12.50
    +0.51 (+4.26%)
     

  • FTSE

    8,424.20
    +3.94 (+0.05%)
     

  • NIKKEI 225

    39,069.68
    +282.30 (+0.73%)
     

  • CAD/EUR

    0.6755
    0.0000 (0.00%)
     

Bitcoin Miners Worth Over $1.3M Seized, 8 Arrested in Malaysia: Report

Jamie Crawley
Updated ·1 min read

Police in Malaysia seized 1,039 bitcoin mining machines worth RM5.3 million (US$1.3 million) and arrested eight people.

  • Police in the northwestern city of Miri seized the machines in joint operations with Sarawak Energy (SEB), the region’s electricity company, between February and April, Bernama reported Friday.

  • Eight individuals were arrested and accused of stealing electricity from SEB, Miri Police Chief ACP Hakemal Hawari said.

  • “A total of six people have been successfully charged under Section 379 of the Penal Code for electricity theft and have been fined up to RM8,000 ($1,900) and jailed for up to eight months,” he said in a statement.

  • The machines related to the court case were disposed of at Miri police headquarters, the report said.

Related Stories