Malaysian police shut down illegal crypto mining operation

Malaysian police have shut down an illegal cryptocurrency mining operation in a warehouse within the Port Klang Free Zone (PKFZ), local media outlet the New Straits Times reported. Police arrested two foreign men, aged 20 and 31, at the scene and confiscated mining equipment. An investigation is underway to determine the duration and scale of the operation. The two men face charges of property trespass under the Penal Code and violations of the Electricity Supply Act. If convicted, they could face up to five years in prison, a fine of 100,000 ringgit (approximately $24,500), or both.