Russian law enforcement is looking into the alleged theft of mining hardware valued at around $1.9 million. The powerful computing equipment disappeared from a crypto mining hotel in Irkutsk, the owners of which have been accused of large scale fraud.
100 Russians Lose Mining Machines Worth 100 Million Rubles
Police in the Russian Irkutsk Oblast have launched an investigation of the operators of a mining hosting facility suspected of defrauding clients and stealing their expensive coin minting hardware, Tass news agency reported, quoting the region’s Main Directorate of the Interior Ministry.
In anticipation of quick earnings, the miners handed over their devices to those who were running the mining hotel, law enforcement officials explained. At some point, the latter stopped all payments to their customers and failed to return the expensive machines.
“A criminal case was initiated based on these facts under part 4 of article 159 of the Criminal Code of the Russian Federation (large...
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