14 South Korean Operators Arrested For Illegal Bitcoin Mining

South Korea Bitcoin Illegal Mining

14 South Korean operators were arrested for allegedly mining Bitcoin illegally, reported local news Yonhap on April 1.

Since May 2017, 14 companies were supposedly mining Bitcoin with a 10% discount on energy using 350 computers in total.

Further more, the rooms in which they would mine Bitcoin were rented at a lower price than usual.

According to Yonhap, the 14 people who were arrested will probably only have fines and no major accusations.

Earlier this month, a Florida State employee was arrested in similar circumstances because he had allegedly used government computers to mine cryptocurrency.

In the beginning of March, two employee of the Australian Bureau of Meterorology were also arrested regarding the use of the Bureau’s powerful computers to mine cryptocurrency.





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