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Jailed: Cryptocurrency trader stole electricity worth £32,000 to power 'bitcoin mining' machines

From leicestermercury.co.uk

A 'greedy' cryptocurrency trader has been jailed after he was caught bypassing the electrical mains to power the machines he used for his financial dealings. Sanjay Singh, 40, admitted 'abstracting' electricity worth up to £32,000 at two Leicestershire sites where he operated bitcoin mining machines, Leicester Crown Court heard on Tuesday. One was in an industrial unit in Coalville, while the other was in Firefly nightclub in Loughborough, which was closed for the summer holidays at the time. Singh's activities were first detected when a power provider investigated a fault at a substation caused by the cryptocurrency ... (full story)

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