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Kazakhstan cracks $16.5 million electricity fraud case related to cryptocurrency miners

金色财经|Aug 12, 2025 05:36

According to Bitcoin.com News, Kazakhstan has cracked a $16.5 million electricity fraud case related to cryptocurrency miners. The energy company illegally supplied power to mining operations for a full two years, and miners were supposed to only purchase surplus electricity through the Energy Department's platform, but these regulations were ignored.

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Sep 09, 13:24Kazakhstan has no IMF loans

Sep 08, 12:29Kazakhstan establishes national digital asset fund

Sep 08, 12:09The President of Kazakhstan orders the establishment of a strategic Bitcoin reserve

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Aug 19, 07:19Ningbo cracks down on virtual currency fraud case, defendant sentenced

Aug 17, 15:26Russia doesn't care about the law

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