Ukrainian law enforcement uncovers illegal crypto mining farm close to the front line in Kharkiv.
The operators of the crypto farm have been minting coins using large amounts of stolen electricity, threatening energy supply to critical infrastructure, the agency said.Officers from the Security Service of Ukraine have discovered and closed down an underground crypto mining center in the eastern region of Kharkiv, the scene of military hostilities between the Ukrainian army and invading Russian forces.
According to a press release published Tuesday, the cryptocurrency farm has consumed industrial volumes of unpaid electricity, worth hundreds of thousands of hryvnia . Investigators revealed that the mining hardware had been installed by several local residents in a rented warehouse near Kharkiv, Ukraine’s second-largest city. They connected the mining machines to the grid without any authorization.
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