March 27, 2023

Home Bitcoin News Bitcoin Mining Man faces arrest over alleged crypto mine hidden below a college – Cointelegraph

Man faces arrest over alleged crypto mine hidden below a college – Cointelegraph

4 min read
Comments Off on Man faces arrest over alleged crypto mine hidden below a college – Cointelegraph

A former amenities employee within the U.S. state of Massachusetts is alleged to have stolen practically $18,000 value of electrical energy to run 11 miners in a college’s crawl area.


Own this piece of history

Collect this article as an NFT

A former amenities employee who allegedly arrange a secret cryptocurrency mining operation inside a Massachusetts college’s crawl area is due for arrest after lacking a scheduled courtroom listening to to reply to fees. 

Nadeam Nahas was scheduled to be arraigned on Feb. 23 dealing with fees of vandalizing a college and fraudulent use of electrical energy, according to media studies.

A default warrant is a kind if warrant issued by courts when an individual fails to look in courtroom or adjust to an order, and authorizes regulation enforcement officers to arrest the particular person.

Nahas, who is alleged to have beforehand labored within the amenities division for the city of Cohasset, Massachusetts, United States, is alleged to have stolen electrical energy value virtually $18,000 in an effort to energy his crypto mining operation in 2021, between April 28 and Dec. 14.

Native police had been reportedly initially knowledgeable in regards to the operation in December 2021 after Cohasset’s amenities director observed computer systems, wiring and ductwork that appeared misplaced given they had been in a crawl area close to the varsity’s boiler room.

A complete of 11 computer systems had been discovered there, and Nahas was recognized as a suspect after a three-month investigation.

Nahas resigned from his place with the city of Cohasset in March.

Associated: The economics of cryptocurrency mining: Costs, revenues and market trends

It’s actually not the primary time somebody has been charged with stealing electrical energy in an effort to mine cryptocurrency.

In July 2021, Malaysian officials destroyed $1.2 million value of Bitcoin (BTC) mining rigs that had been confiscated from residents who had been stealing electrical energy to mine.

A yr prior, in August 2020, Bulgarian authorities arrested two males for illegally siphoning off more than $1.5 million in electrical energy to function two crypto mining farms.

Adblock test (Why?)

Source link

Load More Related Articles
Load More By admin
Load More In Bitcoin Mining
Comments are closed.

Check Also

'Cranium of Satoshi' Artist Says He Was 'Improper' About Bitcoin Mining – Decrypt

Benjamin Von Wong, the Canadian artist who turned Crypto Twitter’s principal charact…

Must Read

Load more