CryptoMediaClub
Saturday, June 13, 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

BTC Jumps 3% on Iran Peace Deal But Fed Meeting Keeps Institutions Cautious
All news

BTC Jumps 3% on Iran Peace Deal But Fed Meeting Keeps Institutions Cautious

12.06.2026
0

Bitcoin News: BTC price climbed from $61,100 to above $63,400 on June 11 after President Trump cancelled planned Iran strikes...

Read moreDetails
Bitcoin Price Prediction: JPMorgan Fuds BTC as Debasement Trade Retreat Accelerates

Bitcoin Price Prediction: JPMorgan Fuds BTC as Debasement Trade Retreat Accelerates

12.06.2026
AVAX Price Prediction: Treasury Stock Tumbles 38% on Nasdaq Debut as Crypto Proxy Trade Unravels

AVAX Price Prediction: Treasury Stock Tumbles 38% on Nasdaq Debut as Crypto Proxy Trade Unravels

12.06.2026
Solana News: SpaceX Will Have the Biggest IPO in History, And Its Stock Will Be Trading on Solana the Same Day

Solana News: SpaceX Will Have the Biggest IPO in History, And Its Stock Will Be Trading on Solana the Same Day

12.06.2026
XRP Price Prediction: Japan XRP ETF Listing is Getting Closer

XRP Price Prediction: Japan XRP ETF Listing is Getting Closer

12.06.2026
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

Low Market Cap Meme Coin With Excessive Potential: Why PEPETO’s Early Traders Might Win Huge

Low Market Cap Meme Coin With Excessive Potential: Why PEPETO’s Early Traders Might Win Huge

1 year ago

Bitfinder: World’s First Crypto Search Engine, Driven by the Revolutionary Bitfinder Algorithm

3 years ago
Ethereum Finds Structural Support at $3.4K On Strong Whale Bid – Bulls Target $4,500 Next

Ethereum Finds Structural Support at $3.4K On Strong Whale Bid – Bulls Target $4,500 Next

7 months ago

Justin Sun Summoned by US Court Regarding SEC Lawsuit

3 years ago

Categories

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

Highlights

XRP aims for $0.90 as ETF demand battles selling pressure from whales

AVAX Price Prediction: Treasury Stock Tumbles 38% on Nasdaq Debut as Crypto Proxy Trade Unravels

Solana News: SpaceX Will Have the Biggest IPO in History, And Its Stock Will Be Trading on Solana the Same Day

XRP Price Prediction: Japan XRP ETF Listing is Getting Closer

Ethereum Price Prediction: 3 Million ETH Rushes Into Staking as Sellers Vanish

Escalating US-Iran Agreement Dispute: XRP Becomes a Global Payment Darling? Short-Term Potential for a Surge Draws Attention

Trending

BTC Jumps 3% on Iran Peace Deal But Fed Meeting Keeps Institutions Cautious
All news

BTC Jumps 3% on Iran Peace Deal But Fed Meeting Keeps Institutions Cautious

12.06.2026
0

Bitcoin News: BTC price climbed from $61,100 to above $63,400 on June 11 after President Trump cancelled...

Bitcoin price faces new risk as big buyers lose conviction

Bitcoin price faces new risk as big buyers lose conviction

12.06.2026
Bitcoin Price Prediction: JPMorgan Fuds BTC as Debasement Trade Retreat Accelerates

Bitcoin Price Prediction: JPMorgan Fuds BTC as Debasement Trade Retreat Accelerates

12.06.2026
XRP aims for $0.90 as ETF demand battles selling pressure from whales

XRP aims for $0.90 as ETF demand battles selling pressure from whales

12.06.2026
AVAX Price Prediction: Treasury Stock Tumbles 38% on Nasdaq Debut as Crypto Proxy Trade Unravels

AVAX Price Prediction: Treasury Stock Tumbles 38% on Nasdaq Debut as Crypto Proxy Trade Unravels

12.06.2026
  • 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