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Kazakhstan Busts $16.5 Million Electricity Fraud Case Related to Cryptocurrency Miners

Summary: According to Bitcoin.com News, Kazakhstan has uncovered a $16.5 million electricity fraud case related to cryptocurrency miners. An energy company illegally supplied power to mining operations for two years, bypassing regulations that required miners to purchase surplus electricity through the Ministry of Energy's platform.

According to Bitcoin.com News, Kazakhstan has uncovered a $16.5 million electricity fraud case related to cryptocurrency miners. An energy company illegally supplied power to mining operations for two years, bypassing regulations that required miners to purchase surplus electricity through the Ministry of Energy's platform.

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