Russian Authorities Bust $3.2M Crypto Mining Racket—Because Stealing Electricity Is So 2021

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2025-05-29 15:30:17

Russian Police Arrest Suspect in $3.2M Illegal Mining Operation: Report

Russian police just flipped the power switch on an alleged illegal mining operation—turns out, bypassing the grid isn’t as profitable when you’re caught.

The suspect’s $3.2M scheme? A masterclass in how not to HODL. Meanwhile, Wall Street still can’t decide if crypto is an asset class or a speculative bubble—some things never change.

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