{"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