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Russian Authorities Bust $3.2M Crypto Mining Racket—Because Stealing Electricity Is So 2023

Russian Authorities Bust $3.2M Crypto Mining Racket—Because Stealing Electricity Is So 2023

CoindeskEN
Author:
CoindeskEN
Release Time:
2025-05-29 15:30:17
0

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

Russian police just pulled the plug on an illegal crypto mining operation—turns out, even decentralized money needs centralized power. Who knew?

The suspect allegedly siphoned enough juice to mine millions—because why pay for electricity when you can, uh, borrow it indefinitely?

And here’s the kicker: $3.2M in ill-gotten crypto gains later, the only ’green’ thing about this operation was the envy of Wall Street bankers watching from their carbon-spewing private jets.

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