The Thai Ministry of Interior, in collaboration with multiple agencies, inspected 14 locations in Ubon Ratchathani, Yasothon, Amnat Charoen, Roi Et, and Maha Sarakham provinces, seizing 315 cryptocurrency mining devices. The suspects illegally altered electricity meters and connected power unlawfully, resulting in total losses of 40.38 million baht (approximately $1.227 million), including 5.38 million baht in electricity violation fines and approximately 35 million baht in unpaid electricity bills. Authorities have filed charges against the individuals involved.
Thailand seizes 315 illegal Bitcoin miners in northeastern raids
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Summary
Thailand has cracked down on illegal Bitcoin news operations across five northeastern provinces, seizing 315 mining devices. Authorities conducted raids at 14 sites in Ubon Ratchathani, Yasothon, Amnat Charoen, Loei, and Mahasarakham. Miners were discovered tampering with electricity meters, resulting in losses of 40.38 million baht. The Ministry of Interior and related agencies are pursuing legal action. The Crypto Fear and Greed Index may respond to such regulatory interventions.
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