2 arrested in Hong Kong over alleged theft of electricity for bitcoin mining

Two technicians have been arrested on suspicion of stealing electricity from two Hong Kong care homes for the disabled to power their cryptocurrency mining operation, leaving the victims with bills up to HK$9,000 (US$1,153) higher than usual.

The men, aged 32 and 33, allegedly set up eight such mining devices in the suspended ceilings of two offices, using their electricity and internet connections 24 hours a day.

The case was uncovered after the care homes experienced slow internet connections and received suspiciously high electricity bills, which police said were HK8,000 to HK$9,000 higher than usual.

Five devices used for cryptocurrency mining were found in a Sham Shui Po institution and another three at a care home in Kwun Tong, police said on Monday.

The mining equipment used the power supply and internet connections of the care homes. Photo: Handout
The mining equipment used the power supply and internet connections of the care homes. Photo: Handout

Inspector Ng Tsz-wing said police first received a report from the Sham Shui Po institution last Thursday.

Source link

Visited 1 times, 1 visit(s) today

Related Article

Elderly man arrested in Hong Kong for allegedly removing patient’s medical tube

Elderly man arrested in Hong Kong for allegedly removing patient’s medical tube

An elderly man in his eighties has been arrested in Hong Kong for allegedly pulling out a medical tube from a male hospital patient whom he mistook for his wife. According to police, the incident happened on Thursday at Pamela Youde Nethersole Eastern Hospital in Chai Wan, where the suspect was visiting his wife. “The

Hong Kong blockbuster The Last Dance enters race for Oscar glory

Hong Kong blockbuster The Last Dance enters race for Oscar glory

Hong Kong’s box office record-breaker The Last Dance will represent the city in running for the best international feature film at the 98th Academy Awards, commonly known as the Oscars, next March. The Federation of Motion Film Producers of Hong Kong on Thursday said the selection was made according to the criteria set by the

Hong Kong minister rejects work suspension legislation for adverse weather

Hong Kong minister rejects work suspension legislation for adverse weather

Hong Kong’s labour minister has ruled out legislating for work suspension arrangements under adverse weather, saying the move will hinder the functioning of society and the early resumption of normalcy. Secretary for Labour and Welfare Chris Sun Yuk-han rejected the call on Thursday as some lawmakers urged authorities to improve the protection of workers under

Travellers return to Hong Kong airport as flights resume after Ragasa disruptions

Travellers return to Hong Kong airport as flights resume after Ragasa disruptions

Air travellers have been flocking to Hong Kong’s airport after powerful typhoon Ragasa lashed the city, with staff members setting up extra crowd control measures and passengers largely satisfied with the resumption arrangements. Outbound flights resumed at 6am on Thursday, after disruptions since 6pm on Tuesday forced some passengers to adjust their plans. The Airport

HSBC asks Hang Seng Bank to clean up bad Hong Kong property debt

HSBC asks Hang Seng Bank to clean up bad Hong Kong property debt

HSBC Holdings has taken the unusual step of getting directly involved in pushing its Hong Kong subsidiary, Hang Seng Bank, to offload portfolios of bad real estate debt, underscoring growing concerns over the city’s struggling property sector. About two months ago, the lender directed its London-based global chief corporate credit officer and the head of

Hong Kong warns against unapproved yuan stablecoins amid crypto frenzy

Hong Kong warns against unapproved yuan stablecoins amid crypto frenzy

The Hong Kong Monetary Authority (HKMA) cautioned investors that no stablecoins pegged to the offshore yuan had been approved for issuance in the city, as regulators sought to temper the frenzy surrounding digital assets. In a statement published on WeChat on Wednesday, the HKMA refuted claims circulating on social media that the first offshore yuan-pegged

Hong Kong rules out pre-made restaurant meal labelling despite consumer concern

Hong Kong rules out pre-made restaurant meal labelling despite consumer concern

Hong Kong authorities have ruled out the possibility of requiring labelling for pre-cooked meals at restaurants, citing the absence of uniform standards and varying interpretations of the concept. Secretary for Environment and Ecology Tse Chin-wan told lawmakers on Thursday that the government would continue to develop standards and certifications for prepared dishes to support the