CryptoSpiel.com
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
CryptoSpiel.com
No Result
View All Result

Spanish Police Raid Suburban House Allegedly Running Illegal Crypto Operation, Seize Over 100 Miners

August 25, 2021
in Scams
Reading Time: 2 mins read
A A
0
Spanish Police Raid Suburban House Allegedly Running Illegal Crypto Operation, Seize Over 100 Miners
0
SHARES
7
VIEWS
ShareShareShareShareShare

Spain’s National Police say they have dismantled an alleged illegal cryptocurrency mining operation that was being run from a residential property.

A tweet from Spain’s National Police account says that over 100 machines were being used in the crypto mining operation in the Spanish city of Toledo.

“This is how we dismantled an illegal mining farm in criptomonedas (cryptocurrencies) in a chalet Toledo. It had more than 100 processors in operation and equipment for cooling and extraction of smoke and heat. The farm was maintained through an illegal connection to the electricity supply.”

 

A video accompanying the tweet shows a team of police officers forcefully breaking into the house where they find cryptocurrency mining rigs and cooling equipment.

According to a Spanish publication, the police arrested a female suspect who is accused to be behind the operation. She faces a jail sentence of between three months and one year with the possibility of a lower sentence if the amount of electricity stolen is found to be worth below 400 euros.

The police had initially suspected the crypto mining operation to be an indoor cannabis farm due to the high electricity consumption and excessive heat coming from the house.

This year, several cases of alleged illegal cryptocurrency mining operations have surfaced in various parts of the world. Last month, authorities in Malaysia raided an operation suspected of stealing electricity worth about $2 million. Eight people were arrested and over 1,000 Bitcoin mining rigs were confiscated and destroyed.

In May, police in the United Kingdom raided a Bitcoin mining operation first suspected to be an indoor cannabis farm. Around 100 mining rigs were found with estimates saying that the stolen electricity was worth thousands of dollars.

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix 

 

Check Latest News Headlines

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Photo Spirit

RELATED POSTS

Feds Arrest Owner of $100,000,000 Dark Web Marketplace Using Crypto To Process Drug Transactions

Woman To Serve About Seven Years Behind Bars for Laundering Bitcoin Proceeds of $6,400,000,000 Fraud: Report

$1,800,000,000,000 Bank Says Customers’ Personal Information Has Been Exposed and Accessed in Mysterious Data Breach


Credit: Source link

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

‘I’m Very Bullish on Dogecoin,’ Says Crypto Hedge Fund CEO Su Zhu – Here’s Why

Next Post

Top Trader Says Hot Altcoin ‘Probably Keeps Running,’ Predicts Flight Path for Raydium and Chiliz

Related Posts

Scammer Nabs $55,000 in Crypto by Duping the U.S. Drug Enforcement Agency: Report
Scams

Feds Arrest Owner of $100,000,000 Dark Web Marketplace Using Crypto To Process Drug Transactions

May 27, 2024
Analyst Who Nailed 2022 Crypto Bottom Issues Bitcoin Alert, Says BTC Could Nosedive by Over 35% – Here’s Why
Scams

Woman To Serve About Seven Years Behind Bars for Laundering Bitcoin Proceeds of $6,400,000,000 Fraud: Report

May 26, 2024
$1,800,000,000,000 Bank Says Customers’ Personal Information Has Been Exposed and Accessed in Mysterious Data Breach
Scams

$1,800,000,000,000 Bank Says Customers’ Personal Information Has Been Exposed and Accessed in Mysterious Data Breach

May 25, 2024
Next Post
Top Trader Says Hot Altcoin ‘Probably Keeps Running,’ Predicts Flight Path for Raydium and Chiliz

Top Trader Says Hot Altcoin ‘Probably Keeps Running,’ Predicts Flight Path for Raydium and Chiliz

Chainlink Partners With Solana, Launches Price Feeds On Solana Devnet

Chainlink Partners With Solana, Launches Price Feeds On Solana Devnet

Recommended Stories

SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News

SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News

April 11, 2026
Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

April 14, 2026
Bitcoin Addresses Holding Between 100 and 10,000 BTC Hit a 7-Week High

Anthropic Reveals Claude Code Tool Design Philosophy Behind AI Agent Development

April 10, 2026

Popular Stories

  • Winklevoss Twins Continue Crypto Donation Spree With Another $1,000,000 in Bitcoin (BTC)

    Trader Says DeFi Altcoin Aave Witnessing Clear Trend Switch, Updates Forecast on Two Low-Cap Coins

    0 shares
    Share 0 Tweet 0
  • DeFi giant Aave plans to launch its own overcollateralized stablecoin GHO

    0 shares
    Share 0 Tweet 0
  • Stabble Urges Users to Pull Liquidity After Alleged North Korean Hacker Link

    0 shares
    Share 0 Tweet 0
  • Polkadot (DOT) Could Become One of the Top Crypto Assets of 2022, According to Coin Bureau

    0 shares
    Share 0 Tweet 0
  • Whale Activity Spikes on Bitcoin, Ethereum, Cardano, and Chainlink Networks: Crypto Analytics Firm Santiment

    0 shares
    Share 0 Tweet 0
CryptoSpiel.com

This is an online news portal that aims to provide the latest crypto news, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases
  • SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News
  • Anthropic Reveals Claude Code Tool Design Philosophy Behind AI Agent Development

Subscribe Now

Loading
  • Live Crypto Prices
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - cryptospiel.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams

© 2021 - cryptospiel.com - All rights reserved!

Please enter CoinGecko Free Api Key to get this plugin works.