Indonesian Authorities Clamp Down on Illegal Bitcoin Mining - 10 Operations Halted!
In a resolute move against unauthorized cryptocurrency activities, the North Sumatra Police Force in Indonesia has taken sweeping action, shuttering a network of Bitcoin mining operations spread across 10 locations. The crackdown led to the confiscation of 1,134 Bitcoin mining machines, along with crucial electrical cables and computer equipment.
Irjen Agung Setya Imam Effendi, Chief of North Sumatra Police, alleged that the operators had manipulated electrical circuits to power their extensive Bitcoin mining endeavors. This crackdown underscores the growing global concern over the environmental impact and regulatory compliance of cryptocurrency mining.
This enforcement initiative follows a parallel incident in China, where a government official received a life sentence for facilitating electricity access to a colossal $329 million Bitcoin mining enterprise. Yi Xiao's case highlights the escalating regulatory scrutiny faced by the cryptocurrency industry worldwide.
Source
https://t.me/Bitcoin_Crypto_Signals
