Brazil busts illegal Bitcoin mining operation, seizes 1,400 rigs in São Paulo
Brazilian authorities have dismantled an illegal Bitcoin mining operation in São Paulo, seizing 1,400 mining rigs. The operation was stealing enough electricity to power 2,000 homes for a month. This crackdown aligns with Brazil's recent legislation aimed at combating organized crime linked to digital assets.
- ▪Authorities confiscated approximately 1,400 Bitcoin mining machines from two cities in São Paulo state.
- ▪The operation was stealing an estimated 2 gigawatt-hours of electricity from the local grid.
- ▪Brazil's recent legislation allows for the seizure and liquidation of digital assets connected to organized crime.
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Brazil busts illegal Bitcoin mining operation, seizes 1,400 rigs in São Paulo Authorities say the clandestine mining farms stole enough electricity to power 2,000 households for a month. Share Add us on Google by Editorial Team May. 23, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Brazilian police confiscated roughly 1,400 Bitcoin mining machines from two cities in São Paulo state on May 20, shutting down an operation that had…
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