Ukraine’s Security Service dismantles an illegal cryptocurrency mining farm that stole a lot of state-owned electricity - Aliens: AI Crypto News & Markets Updates
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Ukraine’s Security Service dismantles an illegal cryptocurrency mining farm that stole a lot of state-owned electricity

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Aliens

Mon, Jan 17, 2022

According to official sources, the Security Service of Ukraine (SSU) is against potential threats to Ukraine's energy security. For example, in Odessa, the SSU dismantled a clandestine cryptocurrency mining farm that stole large amounts of electricity from a state-owned critical infrastructure.

Such illegal activities can lead to emergencies in the transport sector, including rail transport. In addition, the outlawing of this illegal business has also prevented millions of people from losing their budgets.

According to the investigation, the center operates by two area residents. Crypto miners use warehouses rented by the city. The criminals convert part of the proceeds into foreign currency and transfer it abroad through a third party. They also keep the remaining digital currency in their virtual wallets.

Investigators confirmed that the group had access to the national grid through unauthorized means to specialized power equipment.

Source: SSU

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