{"id":171471,"date":"2023-02-24T07:27:37","date_gmt":"2023-02-24T07:27:37","guid":{"rendered":"https:\/\/precoinnews.com\/?p=171471"},"modified":"2023-02-24T07:27:37","modified_gmt":"2023-02-24T07:27:37","slug":"man-faces-arrest-over-alleged-crypto-mine-hidden-under-a-school","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/man-faces-arrest-over-alleged-crypto-mine-hidden-under-a-school\/","title":{"rendered":"Man faces arrest over alleged crypto mine hidden under a school"},"content":{"rendered":"

A former facilities worker who allegedly set up a secret cryptocurrency mining operation inside a Massachusetts school\u2019s crawl space is due for arrest after missing a scheduled court hearing to answer to charges.\u00a0<\/p>\n

Nadeam Nahas was scheduled to be arraigned on Feb. 23 facing charges of vandalizing a school and fraudulent use of electricity, according to media reports. <\/p>\n

A default warrant is a type if warrant issued by courts when a person fails to appear in court or comply with an order, and authorizes law enforcement officers to arrest the person.<\/p>\n

Nahas, who is said to have previously worked in the facilities department for the town of Cohasset, Massachusetts, United States, is alleged to have stolen electricity worth almost $18,000 in order to power his crypto mining operation in 2021, between April 28 and Dec. 14.<\/p>\n

Local police were reportedly initially informed about the operation in December 2021 after Cohasset\u2019s facilities director noticed computers, wiring and ductwork that seemed out of place given they were in a crawl space near the school\u2019s boiler room.<\/p>\n

A total of 11 computers were found there, and Nahas was identified as a suspect after a three-month investigation.<\/p>\n

Nahas resigned from his position with the town of Cohasset in March.<\/p>\n

Related: <\/strong>The economics of cryptocurrency mining: Costs, revenues and market trends<\/em><\/strong><\/p>\n

It is certainly not the first time someone has been charged with stealing electricity in order to mine cryptocurrency.<\/p>\n

In July 2021, Malaysian officials destroyed $1.2 million worth of Bitcoin (BTC) mining rigs that were confiscated from residents who were stealing electricity to mine.<\/p>\n

A year prior, in August 2020, Bulgarian authorities arrested two men for illegally siphoning off more than $1.5 million in electricity to operate two crypto mining farms.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A former facilities worker who allegedly set<\/p>\n","protected":false},"author":3,"featured_media":171470,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nMan faces arrest over alleged crypto mine hidden under a school - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/man-faces-arrest-over-alleged-crypto-mine-hidden-under-a-school\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Man faces arrest over alleged crypto mine hidden under a school - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"A former facilities worker who allegedly set\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/man-faces-arrest-over-alleged-crypto-mine-hidden-under-a-school\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-24T07:27:37+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2023\/02\/Man-faces-arrest-over-alleged-crypto-mine-hidden-under-a-school.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/man-faces-arrest-over-alleged-crypto-mine-hidden-under-a-school\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/man-faces-arrest-over-alleged-crypto-mine-hidden-under-a-school\/\",\"name\":\"Man faces arrest over alleged crypto mine hidden under a school - 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