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    Venezuela authorities seize Bitcoin mining machines from infamous jail 

    Latest News

    Crypto.information – Venezuelan safety forces lately raided a legal gang-controlled Tocorón jail and confiscated (BTC) mining machines, together with varied weapons reminiscent of grenades, rocket launchers, and weapons.

    The Venezuelan authorities despatched out over 11,000 troopers and police to take again the Tocorón jail which served because the headquarters of the infamous Tren de Aragua gang. The event marked the primary time that authorities would take motion in opposition to the nation’s most feared legal group that prolonged its operations to neighboring international locations.

    In line with studies, members of the scary gang have been concerned in illicit actions together with human trafficking, kidnappings, extortion, and prostitution.

    The jail had amenities reminiscent of a baseball area, swimming pool, a zoo, a nightclub, and a on line casino for inmates. There have been additionally Bitcoin mining machines that have been used to illegally mine BTC.

    Remigo Ceballos, Venezuela’s Inside and Justice Minister, revealed that 4 guards have been arrested throughout the raid, on the suspicion that they aided the gang members.

    Some inmates managed to flee throughout the raid, whereas the federal government evacuated the jail’s 1,600 inmates to different areas. Ceballos declared the clampdown as profitable, including that authorities have been ready to “go in opposition to all of the criminals and accomplices.”

    See also  Hedge funds ramp up brief bets on Bitcoin futures as rally stalls

    Venezuela’s regulators suspended Bitcoin mining operations in March, following investigations into an alleged corruption scheme involving the usage of cryptocurrency wallets to redirect funds belonging to Petróleos de Venezuela SA (PDVSA), a state-run oil firm.

    Nonetheless, Bloomberg reported in June that the momentary ban was destroying the crypto-mining trade that after thrived within the nation.

    This text was initially revealed on Crypto.information

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