Massachusetts Man Is Indicted After Using School’s Crawl Space To Mine Crypto
Massachusetts man, identified as Nadeem Nahas, a former assistant facilities director for Cohasset, MA, is facing charges for fraudulent electricity use and vandalism after reportedly mining cryptocurrency in a school crawl space. The town’s facilities director discovered computers and assorted equipment in the crawl space.
Nahas was identified as the suspect, and he reportedly resigned from his position in early 2022. He was set to be arraigned on Feb. 23 but did not appear in court, leading the judge to issue a default warrant for his arrest. The original article did not report which cryptocurrency Nahas mined, but Bitcoin is commonly mined in both legitimate and illicit mining operations. According to Visual Capitalist, it cost $35,404 to mine a single Bitcoin last year, more than the value of Bitcoin at that time. Illegal miners can increase their profits by relying on a venue.
Source
https://t.me/CryptoNewsSource
