RussiaCrypto

One of the largest underground crypto mining busts in recent memory just happened — and it’s wild. 😳

Authorities in Russia’s Krasnoyarsk Krai region have raided and shut down a 30,000 sqm illegal crypto mining farm that was stealing electricity and operating on state-owned land.

🔍 What Went Down?

📍 The farm was hidden in plain sight — inside an industrial zone in the town of Nazarovo, Siberia.

⚙️ It used scores of transformers, generators, and cooling units, and was mining $BTC
58,000) worth of crypto each month.

Despite being fenced off with barbed wire, the location was registered as a “non-residential building” under a management company. But inside? Full-blown mining operation connected illegally to the power grid.

👮 Investigators found:

Unauthorized power usage

Fire safety violations

State land abuse

Fraudulent leasing under a fake building

Even after being warned, the operator ignored legal notices. So prosecutors got a court order to shut it down.

💣 More Shocking Details:

The energy company tipped off prosecutors after detecting power instability in the grid.

The miners’ illegal setup risked citywide blackouts.

Back in February, an energy staffer in the same region was caught taking bribes to ignore illegal crypto mining rigs.

Those rigs alone stole $BTC 119,000 worth of electricity.

Krasnoyarsk is now officially one of Russia’s top 3 crypto mining hotspots, joining Irkutsk and Tatarstan.

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📌 Bottom Line:

Illegal mining isn’t just unethical — it’s dangerous. From fire risks to stealing electricity, these shadow operations hurt real infrastructure.

As crypto continues to grow, regulators are tightening the grip
— especially on off-grid, unlicensed mining.

#IllegalMining
#CryptoCrackdown
#RussiaCrypto
#MiningFarmRaid
#CryptoNews

In a bold move, Russia has sent a sharp message to Washington: Refrain from providing or even contemplating direct military aid to Israel.
Labeling it a reckless escalation, Moscow cautions that U.S. involvement in the Middle East risks sparking severe consequences with global repercussions.
As tensions rise, the world holds its breath. 🌍
What’s next for this volatile situation? Stay tuned.
#IsraelIranConflict #MyTradingStyle #US #RussiaCrypto

A secret 30,000 sqm Bitcoin mining operation in Siberia has just been obliterated — and the story is absolutely wild. 😳
📍 Location: Nazarovo, Krasnoyarsk Krai
📈 Monthly BTC haul: ~$58,000
⚠️ Grid damage: Severe — enough to trigger blackouts
🕵️‍♂️ What Went Down:
Authorities uncovered a full-scale underground mining farm hidden behind barbed wire, disguised as a “non-residential” site. Inside?
💡 Industrial generators & high-powered transformers
⚡ Illegally tapped into the national grid
🌬️ Massive cooling systems to power through non-stop mining Bitcoin$BTC
🔎 The Findings:
🔌 Unauthorized electricity connections
🔥 Major fire hazards
🏛️ Illegal use of state-owned land
🧾 Fake lease documents
🚫 Multiple ignored legal warnings
How did they get caught?
The local energy provider noticed sudden instability in the grid. A court order was issued — and boom — shutdown executed.
⚠️ Not an Isolated Case:
In February, a state energy worker was caught accepting bribes to allow similar setups — costing the grid BT5 $BTC 119,000 in stolen power.
Now, Krasnoyarsk joins Russia’s top 3 crypto mining zones — but not for the right reasons.
(Irkutsk and Tatarstan are also under heavy watch.)
🧠 Final Take:
Illegal mining isn’t a side hustle — it’s a criminal offense with real-world consequences:
Puts lives at risk
Steals public resources
Undermines crypto legitimacy
🚔 The crackdown is real.
Play fair or get shut down.
#RussiaCrypto
#MiningFarmRaid
#BitcoinBust
#IllegalMining #CryptoCrime

$BTC

🔔 MARKET MOVING NEWS! (15/06/25)

1️⃣ Russia Paying Teenage and Untrained Spies Using Bitcoin ❓
#RussiaCrypto #Market_Update
According to a Reuters report, Russia’s Federal Security Service has been using Bitcoin to pay teenage and untrained spies. The report detailed the recent case of Laken Pavan, a Canadian national who in December was sentenced to 20 months in prison in Poland after pleading guilty to aiding Russian intelligence.

The Reuters investigative report was conducted in partnership with blockchain analytics firms Global Ledger and Recoveris, who were able to trace $500 in BTC sent by a Russian intelligence handler to two intermediary BTC wallets. Notably, the investigation revealed that transfers to and from the wallets occurred during Moscow business hours. Onchain data analysed by the firms also showed the largest wallet processing BTC transfers worth a total of $600 million. This wallet reportedly sent funds to sanctioned Russian exchange Garantex.

2️⃣ SEC Clears Trump Media Filing, Opening Door To Multi-Billion-Dollar Bitcoin Buy 💸

The U.S Securities and Exchange Commission (SEC) has reportedly declared effective Trump Media’s registration for its previously-announced Bitcoin treasury plan. For context, the firm raised approximately $2.3 billion in capital from around 50 institutional investors recently. It remains unclear how much BTC the firm plans to acquire. However, the prospectus includes a universal shelf that allows the company to raise up to $12 billion worth of more stock, debt, or warrants at any time.

3️⃣ Brazil Sets Flat 17.5% Tax on Crypto Profits, Ending Exemption for Smaller Investors 🔍

Brazil has announced that it will be imposing a flat tax of 17.5% on all crypto profits. Notably, this scraps a long-standing tax exemption on cryptocurrency gains for individuals who were only selling up to R$35,000 (around $6,300) worth of crypto per month. In the previous tax regime, gains above that were taxed progressively, reaching as high as 22.5% for volumes over $5.4 million. The latest rule will see higher taxes being imposed on smaller investors, while bills shrink for larger holders.
4️⃣ Shaquille O’Neal to Pay $1.8M in Settlement Over FTX Promotion Lawsuit 💰

NBA legend Shaquille O’Neal has reportedly agreed to pay $1.8 million to settle a class-action lawsuit brought by investors in the defunct crypto exchange FTX. The lawsuit sought damages from O’Neal for his role in promoting the crypto exchange. Notably, the settlement is about $1 million more than the $750,000 O’Neal was paid for his role in an FTX commercial. If the settlement is approved, O’Neal will be released from all future claims tied to the lawsuit.

5️⃣ Solana ETF Applicants Submit Updated SEC Filings With Staking ‼️
#solana
Several ETF issuers have reportedly submitted amended S-1 forms for Solana exchange-traded funds with the U.S. Securities and Exchange Commission on Friday. The filings clarified language that would enable them to stake their held SOL. Bloomberg ETF analyst Eric Balchunas claimed this likely hints the agency is closer to approving some of these products, giving a timeline of two to four months for spot SOL ETFs to go live. Investment firms Franklin Templeton, Galaxy Digital, and VanEck were among the list of ETF issuers that submitted updated S-1s.

🚨 Crypto Miners Busted in Russia — What Binance Users Should Know
In a wild turn of events, Russian utility engineers uncovered a hidden Bitcoin mining farm inside a truck, running 95 mining rigs off a stolen 10-kilovolt power line — enough electricity to power an entire village.
Two suspects escaped in an SUV just before authorities arrived.
⚡ Illegal Mining Still on the Rise
Local grid operator Buryatenergo says this is the 6th crypto electricity theft case in 2025.
Unauthorized mining setups are causing power instability and blackouts across rural regions.
Winter mining is completely banned (Nov 15–Mar 15), and only licensed operations are allowed during the rest of the year.
🏛️ Regulation Tightens Across Russia
The crackdown follows nationwide mining restrictions, including:
Seasonal bans in Dagestan, Chechnya, and occupied Ukraine.
A year-round ban in Irkutsk, once a cheap energy hub for miners and home to BitRiver’s data center.
🛡️ Cyber Mining Threats Also Escalate
Security firm Kaspersky has linked a hacker group, “Librarian Ghouls,” to:
Cryptojacking malware hidden in email attachments.
Coin mining on victims' PCs between 1 a.m. and 5 a.m., to avoid detection.
Password theft and disabled antivirus software.
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🔍 What This Means for Binance Users
Whether you’re staking, holding, or trading on Binance, remember:
Regulatory risk is growing worldwide — including restrictions on mining.
Stay alert to scams, phishing emails, and malicious crypto apps.
Only trade or mine crypto through legal, licensed channels.
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📌 Hashtags for Sharing
#BinanceNews $BTC #CryptoMining⚡🏭🇺🇸🤝 #bitcoin #RussiaCrypto #SecurityAlert
$BTC

The strikes by 17 drones on Kharkiv sparked fires in 15 units of a five-storey apartment block and caused other damage in the city close to the Russian border,

A concentrated, nine-minute-long Russian drone attack on Ukraine's second-largest city of Kharkiv on Wednesday killed six people and injured 64, including nine children, Ukrainian officials said.
Two southern Ukrainian regions, Mykolaiv and Kherson, were left without electricity on Wednesday after Russia attacked an energy facility,
The attack followed Russia's two biggest air assaults of the war on Ukraine this week, part of intensified bombardments that Moscow says are retaliatory measures for Kyiv's recent attacks in Russia.
A new wave of drone attacks on four city districts was reported early on Thursday by Kharkiv Mayor Ihor Terekhov, including a drone that landed in a school courtyard and smashed windows. There were no other reports of casualties or damage.

Elsewhere, two southern Ukrainian regions, Mykolaiv and Kherson, were left without electricity on Wednesday after Russian forces attacked an energy facility, the governors said. Kharkiv, in Ukraine's northeast, withstood Russia's full-scale advance in the early days of the war but has since been a regular target of drone, missile and guided aerial bomb assaults.
Tuesday night's incidents had risen to six as rescue teams pulled bodies from under the rubble. They said three people were still believed to be trapped. The strikes by 17 drones on Kharkiv sparked fires in 15 units of a five-storey apartment block and caused other damage in the city close to the Russian border, Mayor Terekhov said.

"There are direct hits on multi-storey buildings, private homes, playgrounds, enterprises and public transport," Terekhov said on the Telegram messaging app. "Every new day now brings new despicable blows from Russia, and almost every blow is telling. Russia deserves increased pressure; with literally every blow it strikes against ordinary life, it proves that the pressure is not enough," President Volodymyr Zelenskiy said on Telegram.
A Reuters witness saw emergency rescuers helping to carry people out of damaged buildings and administering care, while firefighters battled blazes in the dark. Nine of the injured, including a 2-year-old girl and a 15-year-old boy, have been hospitalised, Oleh Sinehubov, the governor of the broader Kharkiv region, said on Telegram.

In total, the Ukrainian military said Russia had launched 85 drones overnight, 40 of which were shot down.

Blackouts
In the southern Kherson region, workers were trying to restore electricity supplies after Russian forces attacked what its governor, Oleksandr Prokudin, said was "an important energy facility". "It is currently impossible to predict the duration of the work. Residents of the region, I ask you to show understanding and prepare for a prolonged power outage," he said on the Telegram messenger.
The governor of the neighbouring Mykolaiv region, Vitaliy Kim, said his region was also experiencing emergency shutdowns but that power would soon be restored. Kherson region directly borders a war zone and is under daily drone, missile and artillery attack. The Mykolaiv region faces mainly missile and drone attacks.

There was no immediate comment from Russia on the latest overnight attacks. Both sides deny targeting civilians in the war that Russia launched on its smaller neighbour in February 2022. But thousands of civilians have died in the conflict, the vast majority of them Ukrainian.
#Tradersleague #TrumpTariffs #china #RussiaCrypto #IndiaCrypto

#RussiaCrypto #cryptonewstoday
Illegal crypto miners operating in Russia could lose their coins and face heavy fines under new rules formulated by the nation’s Ministry of Digital Development, Communications, and Mass Media.
Per a report from Forbes Russia, the ministry says its proposal is currently undergoing interdepartmental review.
However, if the plans are adopted as-is, Russian law agencies and courts will be given the power to seize crypto from illegal miners.
Russia: Miners May Be Fined for Flaunting Bans
Under the new proposal, Russian judges will also be able to punish individuals engaging in illegal mining. Courts will be able to hand out fines worth between 100,000 to 200,000 rubles ($1,272 to $2,544).
Forbes Russia says it has seen the ministry’s proposal. It says Moscow also wants to fine and confiscate crypto from any individual found illegally participating in a mining pool.
Harsher fines still lie in store for solo entrepreneurs and officials. This group will have to pay between 200,000 and 400,000 rubles ($2,544 to $5088) if convicted.
Authorities will also gain the power to take coins from industrial miners who flaunt crypto mining rules.
The new rules will let courts impose a fine of 1 million ($12,728) to 2 million rubles ($25,456) on corporations involved in illegal mining.
The ministry wants to amend the country’s Code of Administrative Offenses, seeking to effectively make illegal mining a criminal offense.
Crypto Payments Could Also Be Criminalized
Under a law that came into force last year, unregistered Russian individuals can mine crypto at home, provided they do not use more than 6,000 kWh per month.
However, in some 10 Russian and Russian-controlled regions, mining restrictions apply. The law also states that people with unexpunged convictions for economic crimes, or those convicted of extremist or terrorist crimes, cannot mine crypto.
The law also bans certain electricity and grid management firms from mining crypto.
Additionally, the ministry plans to punish individuals and firms for making settlements in crypto in Russia outside the Central Bank-run crypto sandbox.
The ministry’s proposals include plans to fine people and firms who use crypto as a payment tool up to 1 million rubles ($12,728).
The Central Bank, however, appears to think that the threat of confiscating coins from people who seek to do business in crypto will be a bigger deterrent.
Andrey Medvedev, the bank’s Legal Department lead, told attendees at the St. Petersburg International Legal Forum last month:
“The key thing is that the [crypto] illegally used as a means of payment will be confiscated. And this will be the most painful thing.”

No New Russian Mining Bans
The draft law also include clauses pertaining to mining infrastructure operators who fail to declare their operations to the anti-money laundering agency Rosfinmonitoring.
In Russia, the term mining infrastructure operators usually refers to data center providers and crypto mining hotel firms.
The law requires these firms to inform Rosfinmonitoring about the crypto mined at their facilities, as well as their crypto wallet identifier addresses.

The development comes just days after the government decided against imposing new mining bans in more of Russia’s regions.
A government energy commission, chaired by Deputy Prime Minister Alexander Novak, ruled against a proposal to ban mining in Khakassia.
The commission also decided to postpone a proposed year-round ban on mining in the Zabaikalsky Krai and Buryatia regions.
This year, Moscow has approved a year-round ban on crypto mining in the southern part of the nation’s de facto Bitcoin mining capital Irkutsk.

Follow 🔥 Stay tuned for more updates 🚀😍🚀