CryptoMediaClub
Sunday, February 22, 2026
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Senior Thai Electricity Officials Caught in Illegal Crypto Mining Scandal

28.01.2026
A A
0
126
VIEWS
ShareShare

Thailand’s special investigation force (DSI) has exposed four senior officials from the Provincial Electricity Authority (PEA) for allegedly abusing their authority to operate an illegal Bitcoin mining syndicate.

Thousands of illegal mining rigs were confiscated from an assistant PEA governor, with cash deposits worth 19 million baht ($612.9K).

The Bangkok Post reported Tuesday that DSI raided three houses, seizing mining equipment, cash, laptops, phones and bank passbooks.

“Operation Copperhead” – Wider Crackdown on Illegal Bitcoin Mining Operations

The raids conducted by the DSI were a part of “operation copperhead,” launched in December 2025, said Police Maj General Rutthapon Naowarat.

The operation targets criminal networks operating in Thailand, focusing on money laundering and seizing illegal assets.

On January 19, the DSI officials seized 3,642 crypto mining rigs, discovering evidence linking them to financiers and state officials.

The accused PEA officials include an assistant governor, a regional-level deputy manager, a technician and a service division employee who retired in 2025.

Thorough searches were carried out in Bangkok, Nonthaburi and Samut Sakhon provinces, the report noted.

Additionally, the investigators found that the accused PEA officials used their authority to arrange warehousing, facilitating electricity supply and transformer access for the mining hub. They reportedly accepted monthly kickbacks of up to 400,000 baht.

“Legal action would be taken against all offenders without exception, regardless of rank or position,” said Pol Capt Khemachart Prakaihongmanee, director of the DSI’s Technology and Cyber Crime Bureau. “The case would be expedited and forwarded to the National Anti-Corruption Commission for further action.”

Thailand Tightens Crypto Oversight, Keeps Illegal Operations at Check

The nation has already been tightening oversight on digital assets, ordering a broad crackdown on ‘grey money’ – funds that move through legal-looking channels but often trace back to criminal syndicates and illicit activities.

Besides, in January 2025, the PEA uncovered a Bitcoin mining farm in Chonburi for tampering with power meters to steal electricity. About 996 mining rigs were seized in the crackdown.

However, the issue of illegal Bitcoin mining is not confined to Thailand. It is part of a broader global issue.

For instance, Russia saw “millions of dollars per year” in electricity and lost taxes tied to crypto mining last year. As a result, the nation’s Justice Ministry proposed prison sentences up to 5 years and fines reaching 2.5 million rubles for unregistered crypto mining operations.

The post Senior Thai Electricity Officials Caught in Illegal Crypto Mining Scandal appeared first on Cryptonews.

Share10Tweet6ShareSharePin2

Related Posts

Vitalik Buterin Supports Ethereum Protocol Upgrade for Censorship Resistance
All news

Vitalik Buterin Supports Ethereum Protocol Upgrade for Censorship Resistance

22.02.2026
0

Ethereum co-founder Vitalik Buterin has thrown his support behind the Fork-Choice Enforced Inclusion Lists (FOCIL) upgrade, calling it a critical...

Read moreDetails
Elliptic Flags Network of Russian Crypto Platforms Bypassing Sanctions

Elliptic Flags Network of Russian Crypto Platforms Bypassing Sanctions

22.02.2026
Spot Bitcoin ETFs Log Fifth Straight Week of Outflows as Institutional Demand Cools

Spot Bitcoin ETFs Log Fifth Straight Week of Outflows as Institutional Demand Cools

22.02.2026
SBI Holdings Launches 10B Yen Blockchain Bond With XRP Rewards

SBI Holdings Launches 10B Yen Blockchain Bond With XRP Rewards

22.02.2026
Bitcoin Lightning Network Exceeds $1B in Monthly Volume – A Major Layer-2 Win

Bitcoin Lightning Network Exceeds $1B in Monthly Volume – A Major Layer-2 Win

21.02.2026
Load More
Next Post
Korea’s Financial Regulator Weighs Ownership Caps for Crypto Exchanges

Korea’s Financial Regulator Weighs Ownership Caps for Crypto Exchanges

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Western Union Plans to Integrate Stablecoins Into International Money Transfers

Western Union Plans to Integrate Stablecoins Into International Money Transfers

7 months ago
Telegram to Disclose User IP Addresses to Authorities Upon Request

Telegram to Disclose User IP Addresses to Authorities Upon Request

1 year ago
Ethereum Name Service adds fiat payments for ENS domain registrations

Ethereum Name Service adds fiat payments for ENS domain registrations

3 years ago
Hacker Behind $320 Million Wormhole Bridge Exploit Initially Eligible for $50,000 Airdrop

Hacker Behind $320 Million Wormhole Bridge Exploit Initially Eligible for $50,000 Airdrop

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Elliptic Flags Network of Russian Crypto Platforms Bypassing Sanctions

862k jobs vanished, CPI cooled, and Bitcoin now trades like a bond – What Would Satoshi Say?

Spot Bitcoin ETFs Log Fifth Straight Week of Outflows as Institutional Demand Cools

SBI Holdings Launches 10B Yen Blockchain Bond With XRP Rewards

Why did Bitcoin sell off as the yen surged fast enough to trigger cuts across risk books?

Election odds, but with an ETF wrapper: the “ambient gambling” shift coming to brokerage accounts

Trending

Bitcoin bulls could walk into a $1 billion liquidation trap as Bank of America warns multiples are about to compress
Analysis

Bitcoin bulls could walk into a $1 billion liquidation trap as Bank of America warns multiples are about to compress

22.02.2026
0

Bank of America's latest market call reads less like a typical bear forecast and more like a...

Vitalik Buterin Supports Ethereum Protocol Upgrade for Censorship Resistance

Vitalik Buterin Supports Ethereum Protocol Upgrade for Censorship Resistance

22.02.2026
Bitcoin enters a 150-day danger zone as Trump pivots to a 1974 trade law the Supreme Court hasn’t touched yet

Bitcoin enters a 150-day danger zone as Trump pivots to a 1974 trade law the Supreme Court hasn’t touched yet

22.02.2026
Elliptic Flags Network of Russian Crypto Platforms Bypassing Sanctions

Elliptic Flags Network of Russian Crypto Platforms Bypassing Sanctions

22.02.2026
862k jobs vanished, CPI cooled, and Bitcoin now trades like a bond – What Would Satoshi Say?

862k jobs vanished, CPI cooled, and Bitcoin now trades like a bond – What Would Satoshi Say?

22.02.2026
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz