Malaysian authorities have launched a series of high-intensity law enforcement operations in Perak. Within just two days, the police conducted three consecutive raids, uncovering a total of 41 devices suspected of being used for illegal mining. The first operation was initiated on Friday evening, resulting in the seizure of 24 devices; by early Saturday morning, the police continued their efforts, recovering 9 and 8 devices at two different locations. This wave of concentrated enforcement reflects a strict crackdown on illegal mining activities in Southeast Asia. Illegal mining, due to its high electricity consumption and low compliance risks, has proliferated in some countries and regions, putting pressure on power infrastructure and being easily exploited for fund transfers and money laundering. This series of actions by local law enforcement indicates that regulatory oversight of the crypto asset industry chain is continuously intensifying, with compliance becoming a major trend for the development of the industry, both in exchanges and mining operations.

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MetaverseHomelessvip
· 01-11 04:51
The enforcement in Malaysia this time, guys still want to play hide and seek The era of compliance has truly arrived. Keep digging and it will be more loss than gain 41 machines in one go, this time it's not a joke With such high electricity costs, getting caught would be even more costly It seems Southeast Asia has already started to get serious To put it simply, the path of violations is getting narrower and narrower, and you need to recognize the trend Now, compliant mining is the right way, don't mess around blindly
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LiquidityHuntervip
· 01-11 04:47
Saw this news at 2 AM... 24+9+8=41 units, the data is very precise. Law enforcement is indeed serious. But thinking about it, if these devices really consume that much electricity, the arbitrage space for electricity prices in Southeast Asia must be huge to be profitable, which is a bit outrageous. The trend of regulatory upgrades is indeed clear; exchanges have long been tightly controlled, and now even mining has no room to survive.
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UncleLiquidationvip
· 01-11 04:35
Haha, Malaysia is taking action. 41 mining machines disappeared overnight. Someone is probably going to suffer a huge loss. But to be honest, trying to hide electric theft for mining is really getting harder to get away with. Law enforcement agencies are becoming more and more professional these days. Compliance is the way out. If you want to stay in the crypto world for the long term, you have to follow the rules. This crackdown is indeed quite severe. Other countries are probably watching too.
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GateUser-75ee51e7vip
· 01-11 04:34
Malaysia's approach is really harsh; they inspected 41 units in two days... I think the days of illegal mining are truly becoming more and more difficult.
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