Thailand's Crackdown on Illegal Bitcoin Mining Operations

Thailand's special investigation force has uncovered a Bitcoin mining syndicate involving senior electricity officials accused of abusing their positions to conduct illegal mining operations. According to NS3.AI, thousands of mining rigs and substantial cash deposits were seized during raids conducted across multiple provinces as part of the ongoing 'Operation Copperhead'. This crackdown is part of Thailand's broader initiative to combat illicit cryptocurrency activities and aligns with similar global efforts to regulate unauthorized mining practices.