Police in Malaysia have apprehended a gang that allegedly stole 85 Bitcoin “machines” from a warehouse final weekend.

Native information outlet The Sun Daily stories that the worth of the Bitcoin machines was round $10,300 (RM42,500).

In accordance with CoinATMRadar there aren’t any Bitcoin ATMs in Malaysia, that coupled with the truth that the {hardware} was stolen from a warehouse, it’s protected to imagine the Bitcoin machines being referenced listed below are cryptocurrency mining machines.

The report states that police had been notified on October 29 after a shopkeeper lodged a report claiming that 85 Bitcoin BTC machines had been lacking. The police then carried out raids and arrested the suspects.

Chief superintendent Mohd Stated Ibrahim mentioned the gang was arrested in two raids within the Seremban and Nilai areas between midnight and 4.30 within the morning.

Authorities additionally seized a automobile and constructing tools used to drill concrete.

In accordance with the report, the gang was renting the premises subsequent to the warehouse. The gang then drilled via the wall to get into the warehouse and steal the Bitcoin {hardware}.

Mohd Stated mentioned the gang stole the machines for their very own private use.

The gang, who’re reportedly all mates, don’t have any earlier convictions and are at the moment being investigated for the alleged crimes.

You’re maybe extra used to listening to about miscreants stealing electrical energy to energy their Bitcoin mining {hardware}.

Final yr, a Chinese language man was arrested for stealing electrical energy to mine Bitcoin from an area railway substation. After being caught, he needed to pay for the stolen electrical energy, a positive for his wrongdoing, and spend three and a half years in jail.

The Malaysian gang are but to obtain their sentences.

Printed November 7, 2019 — 13:00 UTC

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