CryptoMediaClub
Tuesday, August 18, 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
127
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

How to Register and Start Trading on Bitbase
All news

How to Register and Start Trading on Bitbase

18.08.2026
0

Bitbase is a crypto exchange founded in 2023 that’s quickly growing in popularity. It focuses on professional-grade spot and derivatives...

Read moreDetails
XRP Price Prediction: Can $1 Be Reclaimed This Week?

XRP Price Prediction: Can $1 Be Reclaimed This Week?

18.08.2026
AI Predicts XRP: Claude Makes a Prediction that May Anger the Ripple Maxis

AI Predicts XRP: Claude Makes a Prediction that May Anger the Ripple Maxis

18.08.2026
California Governor Odds: Becerra Leads as Primary Day Nears

California Governor Odds: Becerra Leads as Primary Day Nears

18.08.2026
Bitcoin Price Analysis: Can BTC Break Out of This Range and Hit $65K?

Bitcoin Price Analysis: Can BTC Break Out of This Range and Hit $65K?

18.08.2026
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

Bitcoin Slides Below $90K as ETF Investors Face First Major Losses – More Dips Ahead?

Bitcoin Slides Below $90K as ETF Investors Face First Major Losses – More Dips Ahead?

9 months ago
The PioneerHash Cloud Mining App, a Global Hit by 2025

The PioneerHash Cloud Mining App, a Global Hit by 2025

11 months ago
Kraken set to acquire Dutch exchange BCM, eyes European expansion

Kraken set to acquire Dutch exchange BCM, eyes European expansion

3 years ago
Direct Ownership Of Bitcoin Is Better Than Spot Bitcoin ETFs: Robert Kiyosaki

Direct Ownership Of Bitcoin Is Better Than Spot Bitcoin ETFs: Robert Kiyosaki

2 years ago

Categories

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

Highlights

AI Predicts XRP: Claude Makes a Prediction that May Anger the Ripple Maxis

Peter Todd reopens Bitcoin’s 21M cap debate because transaction fees make up just 0.5% of miner revenue

California Governor Odds: Becerra Leads as Primary Day Nears

Bitcoin faces its highest Treasury hurdle since 2007 with $22.5B less crypto credit to unwind

Bitcoin Price Analysis: Can BTC Break Out of This Range and Hit $65K?

Polymarket’s 20% CLARITY Act odds sit on a market one $100K trade could radically reprice

Trending

How to Register and Start Trading on Bitbase
All news

How to Register and Start Trading on Bitbase

18.08.2026
0

Bitbase is a crypto exchange founded in 2023 that’s quickly growing in popularity. It focuses on professional-grade...

XRP Price Prediction: Can $1 Be Reclaimed This Week?

XRP Price Prediction: Can $1 Be Reclaimed This Week?

18.08.2026
Bitcoin turned $10,000 into $870,000  in a decade where 87% of active stock funds failed to beat passive rivals

Bitcoin turned $10,000 into $870,000 in a decade where 87% of active stock funds failed to beat passive rivals

18.08.2026
AI Predicts XRP: Claude Makes a Prediction that May Anger the Ripple Maxis

AI Predicts XRP: Claude Makes a Prediction that May Anger the Ripple Maxis

18.08.2026
Peter Todd reopens Bitcoin’s 21M cap debate because transaction fees make up just 0.5% of miner revenue

Peter Todd reopens Bitcoin’s 21M cap debate because transaction fees make up just 0.5% of miner revenue

18.08.2026
  • 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