Bitcoin Miner Who Used $ 2m In Illegal Electricity Wanted

Malaysian police are looking for a Bitcoin miner named Tan Joe Pheng, who uses about $ 2.2 million in electricity illegally.

According to reports, the brothers of the fugitive Bitcoin miner were detained. Malaysia's Melaka state police, Datuk Abdul Majid Mohd Ali, said 26-year-old Bitcoin miner Tan Joe Pheng operates in 18 locations in the state. 

Police claim that the suspect has damaged Malaysia's power utility Tenaga Nasional Berhad (TNB) 9 million Malaysian ringgits (about $ 2.2 million) since February 2019, according to the Malay Mail report. 

Six people were detained The police detained siblings and 6 people believed to be in close contact with the suspect. These 6 people, aged 29 to 39, one of them from Indonesia, are thought to be doing business with the wanted person in Bitcoin mining activities. 

18 facilities were raided Malaysian police raided 18 facilities where the suspect was mining. According to reports, 317 Bitcoin mining equipment and different equipment were seized in the raid on the Melaka region. In addition, it was stated that 38 keys seized in the raid may belong to the surrounding buildings.

Police Mohd Ali asked anyone who had any information about the suspect to inform the authorities and call the suspect and surrender. If convicted, the suspect could face up to 10 years in prison or pay up to 1 million Malaysian ringgits (approximately $ 250,000).