According to Reuters, Mexican authorities have uncovered a secret cryptocurrency mining farm suspected of being used for illegal money laundering in the mountainous region of Tlaola, northern Puebla. Law enforcement seized 300 GPU mining rigs, 80 medium-voltage electrical terminals, and 8 satellite antenna systems on-site, and are conducting an in-depth investigation into allegations that the facility was directly stealing electricity from a nearby hydroelectric plant for mining. This marks the fourth underground mining farm discovered in the area since early last year. Blockchain intelligence firm Chainalysis pointed out that major drug cartels in Latin America are rapidly expanding their operations from traditional smuggling to financial crimes and on-chain assets. By stealing nearly "zero-cost" electricity within their territories, they mine cryptocurrency with extremely high profit margins to directly launder and transfer illicit funds. https://www.(wublock123.com)/news/news-68299