Thai Bitcoin electricity theft

Thai Authorities Raid Bitcoin Farm for Electricity Theft

Highlights: A recent raid in Thailand has brought to light the dark side of cryptocurrency mining. Thai authorities have cracked down on a Bitcoin mining farm involved in electricity theft, shedding light on a growing issue in the crypto industry. The operation targeted illegal activities threatening the nation’s energy infrastructure, raising questions about sustainability and…

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AUSTRAC crypto ATM crackdown

AUSTRAC Cracks Down on Non-Compliant Crypto ATMs

In a bold move to protect the financial system from criminal exploitation, Australia is tightening its control over cryptocurrency ATM providers. The Australian Transaction Reports and Analysis Centre (AUSTRAC) has formed a dedicated task force aimed at ensuring compliance with the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) regulations. This crackdown is part of a larger…

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