Malaysia Reveals $1.1B Loss from Crypto Mining Electricity Theft

Malaysia’s national utility provider, Tenaga Nasional Berhad (TNB), has revealed staggering losses exceeding RM 4.6 billion approximately $1.11 billion USD due to illegal electricity theft by cryptocurrency miners, primarily targeting Bitcoin. This issue spans from 2020 to August 2025 and has prompted a nationwide crackdown involving advanced monitoring and joint enforcement actions. TNB identified 13,827

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