Venezuela police discover bitcoin mining center operated by international criminal network, make arrests
Authorities in Venezuela recently dismantled a bitcoin mining center in Valencia in Carabobo state and arrested members of an international crime network, according to criptonoticias, a Spanish language cryptocurrency website.
Authorities arrested members of the network after discovering a shed with 11,000 bitcoins, according to the Bolivarian government of Venezuela website. The Bolivarian National Police Division Against Capital Legitimation found the bitcoin mining equipment after noticing suspicious shipments entering a warehouse.
The network, based in Poland, operated the bitcoin mining equipment in different parts of Venezuela to engage in legitimizing capital, electronic theft and terror financing.
The operations were disguised as Internet connection centers and a data center.