Five people have reportedly been charged for stealing 85 bitcoin machines from a warehouse in Seremban, Malaysia. The suspects – four men and a woman – were arrested by the Seremban police during a raid on Saturday.
According to reports by local media, The Sun Daily, Supt Mohd Said Ibrahim, chief of the Seremban Police, noted that some of the suspects were working as traders and construction workers while the others were unemployed.
Supt Ibrahim stated that a shopkeeper had filed a report with the police on Oct 29 after the 85 bitcoin machines, worth about RM 42,500 (app $10,300) went missing.
The police then conducted raids around Seremban and the neighboring town, Nilai, on Saturday night between midnight to 4:30 AM (GMT +8).
All suspects, aged between 25 and 46 years, were arrested during the raid with two of them being Indonesians. The police also confiscated a “car, a four-wheel-drive vehicle and several pieces of equipment” that are used for drilling concrete.
After preliminary investigations were conducted it was discovered that the suspects had rented a building next to the warehouse storing the bitcoin machines a day before the theft.
They then drilled through the concrete wall that connected the two buildings and removed the bitcoin machines. The police, however, did not specify the exact type of bitcoin machines that were stolen.
Regarding the intentions of the suspects, Supt Ibrahim said, “The purpose of the rent was to monitor the movement of the machines and their motive was believed to handle the machines themselves.”
According to the Police Chief, the suspects were all friends and did not have any criminal records. They are currently being investigated under section 457 of the penal code or criminal code.
- Crypto Price Update July 24: BTC Maintains $66K, ETH at $3.4K, XRP, TON, and ADA Rallies
- Bitcoin Falls to $65K as Mt. Gox Transfers $2.8 Billion BTC to External Wallet
- News of Marathon Digital’s $138 Million Fine for Breach of Non-Disclosure Agreement Triggers a Bearish 2.5% of Its MARA Stock
- Are $530M Bitcoin ETF Inflows a Blessing or Caution?
- Metaplanet Teams with Hoseki for Real-Time Bitcoin Holdings Verification
- Building Secure Blockchain Systems: An Exclusive Interview with ARPA and Bella Protocol CEO Felix Xu
- Building The “De-Facto Crypto Trading Terminal”: An Exclusive Interview with Aurox CEO Giorgi Khazaradze
- Building a New Global Financial System: An Exclusive Interview With Tyler Wallace, Analytics Head at TrustToken
- “Solana is the Promised Land for Blockchain” — An Exclusive Interview with Solend Founder Rooter
- El Salvador: Where The Bitcoin Revolution Begins With A Legal Tender