Security· ★★· bearish·

Mexico uncovers illegal crypto farm, suspects electricity theft

  • Raid on an illegal crypto farm in Mexico: suspicions of electricity theft and money laundering
  • The site became the fourth crypto farm found in the area since the start of 2025
  • The farm was located next to a local hydroelectric power plant
Why it matters: A crackdown on illegal mining in Latin America could lead to more inspections and tighter regulation of the industry.
Source: The Block