ChainCatcher news, according to Decrypt, Malaysian officials crushed 985 Bitcoin mining devices on Monday as part of a nationwide crackdown on electricity theft related to cryptocurrency miners.Videos circulating show a heavy roller slowly rolling over the mining equipment in an attempt to crush it. This operation destroyed equipment worth approximately $450,000.Malaysian officials are working to combat electricity theft, which is why the seized mining devices were destroyed.

ChainCatcher news, according to Caixin, Malaysian police recently cracked a kidnapping case involving Chinese citizens.The victims, a Chinese man and a local woman, were kidnapped after arriving in Malaysia in July. After their family paid a ransom of 1.2 million USD (approximately 8.62 million RMB) via virtual currency, the two victims were released. Police recovered about 373,000 USD (approximately 2.68 million RMB) in cash, as well as items worth about 700,000 USD (approximately 5.02 million RMB) including vehicles, watches, and jewelry.It is understood that the mastermind behind the case was the victims' private driver.

ChainCatcher news, Malaysian law enforcement recently arrested ten suspects allegedly involved in money laundering using cryptocurrency, with assets worth over $7.7 million seized, approximately $10.8 million in bank accounts frozen, and law enforcement also confiscated luxury watches worth over $3.9 million, 18 luxury cars, motorcycles, and handbags, as well as cash totaling $106,800. Inspector-General of Police Tan Sri Razarudin Husain revealed that the eight men and two women arrested were aged between 28 and 51, and they used unregistered money changers and cryptocurrency exchanges to transfer funds from illegal activities from abroad to Malaysia. It is reported that they have been detained under Section 4(1) of Malaysia's Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act.