Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
No Result
View All Result

Paraguay deports three undocumented immigrants after crypto mining theft attempt

CryptoExpert by CryptoExpert
May 17, 2025
in Business
0
Paraguay deports three undocumented immigrants after crypto mining theft attempt
  • Facebook
  • Twitter
  • Pinterest


You might also like

Crypto Investors Could Lose Key Tax Advantage Under New House Proposal – Bitcoin News

US lawmakers Warn Against Presidential Pardon for Sam Bankman-Fried

BitGo Launches MiCA Crypto Infrastructure In Europe

Paraguayan law enforcement has deported three individuals and arrested another for attempting to steal crypto miners at a facility near the country’s Itaipu hydroelectric dam.

According to a May 15 statement from Paraguayan prosecutor Irene Rolón, the men were caught by police soon after breaking into a locked section of Teratech SA’s facility in Coronel Bogado, leading to their arrest.

Prosecutors believe the men may have had ties to Teratech as independent contractors, but are still waiting on official confirmation from the company’s CEO.

The three deported were Chinese nationals Jinping Duan, Tian Jianyun and Zheng Guanglong, who did not have official entry records into the country. Paraguayan authorities and Interpol believe the men illegally entered through Brazil or Bolivia.

okex
The three deported Chinese nationals pictured before leaving the country. Source: PDS Radio Y TV Digital

The other person arrested, Nahun María Velázquez Garcete, is a legal resident in Paraguay but is believed to be part of a criminal organization.

He has been charged with aggravated theft and is currently in pretrial detention.

The arrested individual was hospitalized in critical condition soon after the arrest, but the injuries sustained weren’t disclosed.

Paraguayan officials believe other individuals were involved in the attempted theft and are working to identify those people. As such, the case is still under investigation.

Deportees may have been working illegally for months

Rolón believes the undocumented immigrants had been in Paraguay for several months and had come to work as programmers. However, it isn’t clear whether that work was performed for the company.

Paraguayan officials are waiting on a report from Teratech’s CEO to determine the exact nature of his relationship with the three men.

Related: Bitcoin miner Hive taps Paraguay for low-cost energy partnership

Paraguay is considered well-suited for crypto mining operations due to its abundant renewable energy resources, much of which is underutilized.

The Itaipu dam has become a popular site for miners to set up, as it supplies all of Paraguay’s local electricity needs and leaves a large amount of excess electricity to tap into.

Magazine: Korea to lift corporate crypto ban, beware crypto mining HDs: Asia Express



Source link

  • Facebook
  • Twitter
  • Pinterest
Tags: Bitcoin
CryptoExpert

CryptoExpert

Recommended For You

Crypto Investors Could Lose Key Tax Advantage Under New House Proposal – Bitcoin News

by CryptoExpert
June 18, 2026
0
Crypto Investors Could Lose Key Tax Advantage Under New House Proposal – Bitcoin News

Key TakeawaysProposed legislation would extend wash sale restrictions to many cryptocurrency transactions.Investors could face limits on claiming losses after rapid asset repurchases.Exemptions cover qualified U.S. dollar stablecoins and...

Read more

US lawmakers Warn Against Presidential Pardon for Sam Bankman-Fried

by CryptoExpert
June 17, 2026
0
Cointelegraph

Two US lawmakers on opposite sides of the political aisle are backing a resolution that “under no circumstances should Samuel Bankman-Fried receive executive clemency, including a pardon or...

Read more

BitGo Launches MiCA Crypto Infrastructure In Europe

by CryptoExpert
June 17, 2026
0
Cointelegraph

BitGo, a crypto custody company, is moving into Europe’s tighter regulatory landscape as exchanges race to maintain access ahead of a key licensing deadline.BitGo Europe launched a crypto-as-a-service...

Read more

Up to 75% of EU Crypto Firms Risk Losing Their License on July 1

by CryptoExpert
June 17, 2026
0
Up to 75% of EU Crypto Firms Risk Losing Their License on July 1

Key TakeawaysMiCA’s transition period ends July 1, requiring EU crypto firms to hold a full CASP license or stop serving clients.Only about 210 of 1,200-plus VASPs have converted...

Read more

Robinhood Cuts Workforce as Tenev Says Business Is Stronger Than Ever

by CryptoExpert
June 16, 2026
0
Cointelegraph

Stock and crypto trading platform Robinhood is cutting 10% of its workforce as it restructures its organization, a move the company said will improve efficiency.CEO Vlad Tenev told...

Read more
Next Post
Dogecoin price news

Explosive Dogecoin On-Chain Signals Show Breakout Potential

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 63,883.00
ethereum
Ethereum (ETH) $ 1,727.51
tether
Tether (USDT) $ 0.99893
bnb
BNB (BNB) $ 588.16
usd-coin
USDC (USDC) $ 0.99972
xrp
XRP (XRP) $ 1.16
solana
Solana (SOL) $ 70.88
tron
TRON (TRX) $ 0.320073
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.02
staked-ether
Lido Staked Ether (STETH) $ 2,265.05

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?