Malaysian Police Raid Illegal Cryptocurrency Mining Operation in Port Klang Free Trade Zone

07/04 06:55

On July 4, Malaysian police conducted a raid on an illegal cryptocurrency mining operation located in a warehouse at the Port Klang Free Trade Zone, Pulau Indah, and shut it down. During the operation, two foreign men, aged 20 and 31, were detained, and mining equipment was confiscated. Under Malaysian law, this action violates the Penal Code and the Electricity Supply Act, and if convicted, the two could face up to ten years in prison and a fine of 100,000 ringgit (approximately 24,500 USD).

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