One of the biggest underground crypto busts just went down — and it’s wild. 😳


🚨 In Russia’s Krasnoyarsk Krai region, authorities raided and shut down a 30,000 sqm illegal crypto mining farm that was stealing electricity and running on state-owned land. Yeah, 30,000 square meters — not your average basement rig.$BTC



🔍 What Went Down?

📍 Hidden in plain sight in an industrial zone in Nazarovo, Siberia, the site was masked as a “non-residential building.” But past the barbed wire fences?


A full-blown Bitcoin mining operation — packed with transformers, generators, and cooling systems — raking in nearly $58K/month in crypto.




  • Power? Stolen straight from the grid.



  • Land? Government-owned, fraudulently leased.



  • Legal status? 🚫 None.


$ETH

👮 What Investigators Found:

⚡ Unauthorized electricity use

🔥 Fire safety hazards

📜 Fake building documents

🌍 Misuse of state property


And get this — even after being warned, the operator just kept mining. So? Prosecutors got a court order and shut it down hard.$SOL



💣 More Shocking Details:

The energy company first noticed power instability in the local grid — and tipped off prosecutors.


The load was so intense, it was on the edge of triggering citywide blackouts.


And this wasn’t even the first time:

👉 Back in February, an energy worker was busted for taking bribes to ignore illegal rigs — which stole another $119K worth of electricity.



📈 The Bigger Picture:

Krasnoyarsk has now joined Irkutsk and Tatarstan as one of Russia’s top crypto mining hotspots. Why? Cold climate + cheap power = mining goldmine.


But now? Crackdowns are ramping up — especially on off-grid, unlicensed, and dangerous setups like this.



📌 Bottom Line:

Illegal crypto mining isn’t just shady — it’s dangerous.

It threatens power grids, fuels corruption, and costs cities real money.


Regulators are watching. And if you’re not playing clean?

#MyTradingStyle #GENIUSActPass #IllegalMining #CryptoRussia #BTC