[Malaysian Power Giant TNB Suffers Over $1.1 Billion Loss Due to Crypto Mining Electricity Theft] According to Reuters, Malaysia's national power company TNB reported losses of approximately $1.1 billion (around 4.6 billion ringgit) from illegal electricity usage linked to cryptocurrency mining between 2020 and August this year. Officials disclosed that 13,827 locations suspected of electricity theft were uncovered, involving activities such as tampering with electricity meters and illegal wiring, which are violations under the Electricity Supply Act. TNB has collaborated with police, communications regulators, and anti-corruption agencies to take action, seizing Bitcoin mining machines and establishing a database of property owners and tenants involved to facilitate monitoring and enforcement. Additionally, smart meters have been deployed at distribution substations to detect real-time energy usage anomalies.