Libya cracks down on illegal crypto mining, arrests 50 Chinese nationals
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On June 22, authorities in Libya searched and arrested several individuals as part of their efforts to combat illegal crypto mining in the country. The raid in a data center resulted in the detention of 50 Chinese nationals. Libya crackdown on illegal crypto mining During a search by interior ministry agents at a farm in Zliten, located 160 kilometers east of Tripoli, they reported that minors were generating virtual currencies with the assistance of the detained Chinese individuals. In a video shared on Facebook by the Tripoli
The Malaysian police are destroying Bitcoin mining rigs as part of a broader crackdown on crypto miners who steal electricity for their operations. A report from local media, Malaysia Gazette, disclosed that the police headquarters in the Perak District crushed 985 mining rigs worth RM1.98 million ($452,500) earlier this week.…
Pakistan is working towards becoming a haven for crypto mining. One way it plans to achieve this feat is to introduce special electricity tariffs that will leverage the country’s excess energy generation capacity. Transforming Pakistan’s Liabilities to Assets Local news outlet Dawn reported that Pakistan’s Power Division has begun to…