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Home›Crypto›Regulation›Mexico seizes 300 crypto mining rigs connected to a hy…

Mexico seizes 300 crypto mining rigs connected to a hydroelectric dam

Forensic investigators are tracing who financed the mining hardware, with money laundering not ruled out.

Reported · Written up by our desk · Regulation

Mexico has seized 300 crypto mining rigs that were wired into a hydroelectric dam, according to Decrypt.

The outlet said forensic accountants are working to determine who paid for the mining hardware.

Decrypt added that while the operation has been identified through the dam connection, money laundering has not been ruled out as investigators continue to trace the funds.

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Sources

DecryptMexico Seizes 300 Crypto Mining Rigs Wired Into a Hydroelectric Dam

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