It appears that one of the largest “crypto mining farms” that Ukraine’s Security Service claims to have ever exposed wasn’t mining cryptocurrency at all.
On July 8, the Security Service (SBU) seized over 5,000 Sony PlayStation consoles and graphics cards in a warehouse adjacent to the facilities of Vinnytsiaoblenergo, an energy distributor in Vinnytsia, a city of almost 400,000 people 270 kilometers southwest of Kyiv.
The SBU claims that crypto miners had stolen nearly $259,000 worth of electricity from Vinnytsiaoblenergo and that their activity could have led to power shortages in the city.
But on July 15, Ukrainian lawyer Maksym Bojko wrote on Facebook that the accusations are groundless and that the confiscated equipment actually belongs to tech company ММІ Engineering, registered in the UAE.
Illegal crypto mining or legitimate computer gaming research: Tech company suffers $1 million in losses after secret service raidRead More
