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

Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace – Bitcoin News

February 23, 2023
in Bitcoin
Reading Time: 4 mins read
A A
0
Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace – Bitcoin News
0
SHARES
4
VIEWS
ShareShareShareShareShare

A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole nearly $18,000 in electricity to power the crypto mining scheme.

Former Cohasset School Employee Faces Charges for Electricity Theft in School Crawlspace Crypto Mine

A report published by Boston’s WCVB network alleges that Nadeam Nahas, a former school employee in Cohasset, Massachusetts, stole electricity from the district to mine cryptocurrency. Nahas is accused of setting up the operation at Cohasset High School’s crawlspace, where multiple computers, ventilation devices, and connected wiring were found.

Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace
Photograph of the ASIC miners confiscated by the Cohasset Police Department.

Photographs taken by the Cohasset Police Department show that the mining devices appear to be application-specific integrated circuit (ASIC) mining rigs, possibly used for mining bitcoin. Police accuse Nahas of secretly mining cryptocurrency for eight months on the school’s campus, and the town’s IT director discovered the operation was a crypto mine.

Investigators, Cohasset police, and members of the Department of Homeland Security were involved in the case and removed the miners from the high school’s crawlspace. The investigation lasted three months, and investigators estimate that approximately $17,492 in electricity was stolen.

Nahas is one of many individuals accused of stealing electricity to power cryptocurrency mining operations over the years. For example, in 2021, Malaysia seized 1,720 bitcoin mining machines during an electricity theft crackdown.

Law enforcement officials in Malaysia revealed last year that they had arrested more than 600 people for stealing electricity to mine cryptocurrency in the previous two years. In 2020, a kennel owner in China was arrested for stealing power to run a bitcoin mining farm.

In Rotterdam, Netherlands, two brothers were arrested in 2016 for stealing electricity to mine bitcoin and grow cannabis. WCVB reporter William Bennett reports that Nahas is facing charges of school vandalism and fraudulent use of electrical resources.

Nahas is scheduled to appear in Quincy District Court for arraignment on Feb. 23, 2023. According to Bennett, when reached by phone, the accused former Cohasset school employee declined to comment on the matter.

Tags in this story
Arraignment, ASIC, Bitcoin, Bitcoin (BTC), Bitcoin (BTC) mining, Blockchain, Charges, Cohasset, Cohasset Mining, Cohasset Police Department, Criminal Activity, Cryptocurrency, Department of Homeland Security, Digital Assets, electricity theft, Energy Consumption, facilities director, Fraud, high school, Illegal Activity, Investigation, IT, Law Enforcement, Massachusetts, mining, Nadeam Nahas, technology, Vandalism, WCVB, William Bennett

What do you think about the former school employee accused of stealing electricity to mine cryptocurrency in the Cohasset High School crawlspace? Share your thoughts on this subject in the comments section below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.




Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

More Popular News

In Case You Missed It


Credit: Source link

RELATED POSTS

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

Treasury Proposes Stablecoin AML Rules as Bessent Vows to Protect US Financial System – Crypto News Bitcoin News

Robinhood Charges Into Indonesia as Next Explosive Crypto Market

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

Messari Dismisses 15% of its Headcount

Next Post

Ethereum Scaling Project Surges As Coinbase Launches Layer-2 Support

Related Posts

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

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

April 11, 2026
Treasury Proposes Stablecoin AML Rules as Bessent Vows to Protect US Financial System – Crypto News Bitcoin News
Bitcoin

Treasury Proposes Stablecoin AML Rules as Bessent Vows to Protect US Financial System – Crypto News Bitcoin News

April 8, 2026
Robinhood Charges Into Indonesia as Next Explosive Crypto Market
Bitcoin

Robinhood Charges Into Indonesia as Next Explosive Crypto Market

December 9, 2025
Next Post
Ethereum Scaling Project Surges As Coinbase Launches Layer-2 Support

Ethereum Scaling Project Surges As Coinbase Launches Layer-2 Support

Crypto should not be given official currency, legal tender status – IMF

Crypto should not be given official currency, legal tender status – IMF

Recommended Stories

No Content Available

Popular Stories

  • ALGO Reaches Two-Year High as OI Soars

    A Comprehensive Guide on How to Buy ALGO

    0 shares
    Share 0 Tweet 0
  • Is IOTA the Most Undervalued Blockchain of 2025? Staking, Real Use, and No VC Risk

    0 shares
    Share 0 Tweet 0
  • Trader Says DeFi Altcoin Aave Witnessing Clear Trend Switch, Updates Forecast on Two Low-Cap Coins

    0 shares
    Share 0 Tweet 0
  • DAOs not decentralized yet, less than 1% holding 90% of the voting power

    0 shares
    Share 0 Tweet 0
  • Uphold CEO Reveals Game-Changing $5 Billion Ripple Partnership

    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.