[300 Illegal Crypto Mining Machines Seized in Mexico, Suspected of Stealing Hydropower] According to Deep Tide TechFlow on September 9, as reported by Decrypt, Mexico's federal prosecutors, in collaboration with the Navy and Puebla state police, conducted a raid on a property in the remote mountainous area of Tlaola, Puebla. Approximately 300 cryptocurrency mining machines were seized on-site, along with equipment such as transformers, medium-voltage terminals, and satellite internet antennas. Investigations revealed that the mining operation had illegally connected to the Nuevo Necaxa hydropower station's grid. Authorities have filed charges for 'electricity theft.' Forensic accountants are currently tracing the source of funding for the hardware, and suspicions of money laundering have not been ruled out. According to data from the Mexican Federal Electricity Commission, non-technical electricity losses amounted to 6,346 gigawatt-hours between January and July 2024, valued at approximately 13.8 billion pesos (around $817 million USD).