Kazakh authorities have arrested 23 people accused of coercing IT professionals to commit illegal acts. cryptocurrency mining surgery.
Ministry of Internal Affairs and National of Kazakhstan safety service attacked A cryptocurrency mining operation raids illegal mining farms in the Targarh district of the Almaty region, according to a report from the Ministry of Interior. Authorities have seized approximately 6,000 pieces of cryptocurrency mining equipment worth approximately $7 million. These devices were generating between $300,000 and $500,000 in monthly operating income.
In addition to the 36-year-old IT professional who was initially believed to have been forced to run the mining farm, seven suspected gang members were found, the report said. A further search resulted in the arrest of three more suspects, in addition to an AK-47 assault rifle, ammunition and a pistol. The group consisted of ex-convicts and “criminal minds”. Some have a history of violent crimes, including debt collection and extortion, according to the report.
Kazakhstan has become one of the most popular cryptocurrency mining locations in the world due to its low energy prices. introduce restrictions That’s because the country’s grid was suffering from an energy crisis earlier this year. As a result, authorities have sought to root out illegal cryptocurrency mining activities.
Kazakhstan too introduced A new tax system for cryptocurrency miners to better utilize the profits generated there. “At the moment, we are also considering linking the miner tax rate to the value of the cryptocurrency,” said Alibek Quantilov, Minister of State Economy.
During the first quarter of 2022, governments could also: generation $1.5 million in fees from crypto company engaged in mining. According to the government report, “Charges are charged for the actual amount of electrical energy consumed in carrying out the activity.”
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