Woofun AI reports that Thai law enforcement executed a coordinated crackdown on illicit cryptocurrency mining operations suspected of large-scale electricity theft. Acting in conjunction with relevant regulatory bodies, authorities targeted 14 distinct locations spread across five northeastern provinces during the joint operation.

The raids resulted in the seizure of 315 mining rigs after investigators uncovered evidence of illegal grid tapping and meter tampering. The financial impact of these activities is estimated at 40.38 million Thai Baht, equivalent to approximately 8.3 million RMB. This total comprises roughly 35 million Baht in outstanding electricity arrears and 5.38 million Baht in penalties for regulatory violations.