CryptoMediaClub
Friday, January 30, 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
125
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

Canadian Hacker Steals $65M, Disappears From Custody — What Happened?
All news

Canadian Hacker Steals $65M, Disappears From Custody — What Happened?

30.01.2026
0

A 22-year-old Canadian crypto hacker who allegedly defrauded two DeFi protocols of $65 million has vanished from custody after being...

Read moreDetails
Binance Unveils $90M GOFi Fund, Targets Korea Payments — What’s Next?

Binance Unveils $90M GOFi Fund, Targets Korea Payments — What’s Next?

30.01.2026
Trump Expected to Nominate Bitcoin-Friendly Kevin Warsh as Next Fed Chair

Trump Expected to Nominate Bitcoin-Friendly Kevin Warsh as Next Fed Chair

30.01.2026
US DOJ Finalizes $400M Forfeiture Linked to Helix Crypto Mixer

US DOJ Finalizes $400M Forfeiture Linked to Helix Crypto Mixer

30.01.2026
Asia Market Open: Bitcoin Tumbles 7%, Stocks Swing as Trump Signals Fed Pick And Shutdown Deal

Asia Market Open: Bitcoin Tumbles 7%, Stocks Swing as Trump Signals Fed Pick And Shutdown Deal

30.01.2026
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

Shiba Inu’s Market Dynamics: The Tug-of-War Between Bulls and Bears

Shiba Inu’s Market Dynamics: The Tug-of-War Between Bulls and Bears

3 years ago
Cristiano Ronaldo Launches New NFT Collection on Binance

Cristiano Ronaldo Launches New NFT Collection on Binance

3 years ago
Pi Network Search Interest Declines Amid Waning Market Momentum — What’s Next for Pi Coin?

Pi Network Search Interest Declines Amid Waning Market Momentum — What’s Next for Pi Coin?

8 months ago
South Korean Crypto Exchange Upbit the Subject of Lawmaker’s ‘Monopoly’ Scrutiny

South Korean Crypto Exchange Upbit the Subject of Lawmaker’s ‘Monopoly’ Scrutiny

2 years ago

Categories

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

Highlights

Trump Expected to Nominate Bitcoin-Friendly Kevin Warsh as Next Fed Chair

US DOJ Finalizes $400M Forfeiture Linked to Helix Crypto Mixer

Asia Market Open: Bitcoin Tumbles 7%, Stocks Swing as Trump Signals Fed Pick And Shutdown Deal

Hyperliquid Price Prediction: HYPE Just Blew Past XRP and BNB – Is This the Altcoin That Flips Solana Next?

Solana Price Prediction: Wall Street Just Moved Billions Onto SOL – Is This the Most Bullish News of the Year?

SEC & CFTC Chairs Break Silence: “Sensible Crypto Rules” Coming – Here’s What Changes

Trending

Canadian Hacker Steals $65M, Disappears From Custody — What Happened?
All news

Canadian Hacker Steals $65M, Disappears From Custody — What Happened?

30.01.2026
0

A 22-year-old Canadian crypto hacker who allegedly defrauded two DeFi protocols of $65 million has vanished from...

Bitcoin ready to record fourth straight red month and the $81,000 floor is suddenly everything

Bitcoin ready to record fourth straight red month and the $81,000 floor is suddenly everything

30.01.2026
Binance Unveils $90M GOFi Fund, Targets Korea Payments — What’s Next?

Binance Unveils $90M GOFi Fund, Targets Korea Payments — What’s Next?

30.01.2026
Trump Expected to Nominate Bitcoin-Friendly Kevin Warsh as Next Fed Chair

Trump Expected to Nominate Bitcoin-Friendly Kevin Warsh as Next Fed Chair

30.01.2026
US DOJ Finalizes $400M Forfeiture Linked to Helix Crypto Mixer

US DOJ Finalizes $400M Forfeiture Linked to Helix Crypto Mixer

30.01.2026
  • 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