Crypto Mining Crackdown in Russia Leads to Bitcoin Seizure and Power Theft Arrest

Russian authorities have launched a crackdown on illegal crypto mining, targeting individuals who exploit state resources for personal gain. In one case, a power company executive was found to have stolen electricity to mine Bitcoin and has had more than $88,000 in BTC seized. In a recent statement, the Investigative Committee for Russia’s Amur Oblast announced the seizure of Bitcoin valued at approximately 7 million rubles. The digital assets were confiscated from a former executive of a regional power distributor, believed to have previously led the technological connection services division at the Amur branch of the Far Eastern Distribution Company The post Crypto Mining Crackdown in Russia Leads to Bitcoin Seizure and Power Theft Arrest first appeared on The Shib Daily source: https://news.shib.io/2025/06/04/crypto-mining-crackdown-in-russia-leads-to-bitcoin-seizure-and-power-theft-arrest/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-mining-crackdown-in-russia-leads-to-bitcoin-seizure-and-power-theft-arrest