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DOGE $0.0910 -0.18%
ADA $0.2375 -2.47%
BCH $425.32 +0.25%
LINK $8.75 -0.37%
HYPE $41.25 +0.98%
AAVE $96.86 +7.75%
SUI $0.9013 -1.02%
XLM $0.1501 -1.01%
ZEC $364.41 +1.32%

eil

Two men in Heilongjiang illegally tapped into high-voltage lines from an oil field for Bitcoin mining, and the main culprit was sentenced to 10 years in prison

According to China News Weekly, the People's Court of Honggang District in Daqing City, Heilongjiang Province recently announced a first-instance judgment. Two men were sentenced for stealing electricity from high-voltage lines in an oil field for Bitcoin mining. The principal offender, Zhang, was sentenced to 10 years in prison and fined 50,000 yuan, while the accomplice, Zhao, was sentenced to 4 years and 10 months in prison and fined 20,000 yuan.According to the judgment, in September 2024, Zhang illegally connected to the high-voltage line of an oil field in Daqing and set up 24 Bitcoin mining machines in an abandoned pigsty he rented. In December of the same year, Zhao joined in knowing that Zhang was stealing electricity and purchased an additional 12 mining machines, bringing the total to 36 machines running. In August 2025, the two were arrested by the public security authorities.It was calculated that Zhang stole 565,375.2 kilowatt-hours of electricity, valued at 438,580.52 yuan; Zhao stole 468,060 kilowatt-hours, valued at 363,750.78 yuan. The court determined that both men committed theft, with Zhang as the principal offender and Zhao as the accomplice. The court also ordered Zhang to repay 438,580.52 yuan, and Zhao to bear joint repayment responsibility for 363,750.78 yuan. The mining machines and related equipment involved in the case will be handled by the public security authorities in accordance with the law.

Two men in Heilongjiang illegally tapped into high-voltage lines from an oil field for Bitcoin mining, and the main culprit was sentenced to 10 years in prison

The People's Court of Honggang District, Daqing City, Heilongjiang Province recently announced a first-instance judgment. Two men were sentenced for stealing electricity from high-voltage lines in an oil field to mine Bitcoin. The main offender, Zhang, was sentenced to 10 years in prison and fined 50,000 yuan, while the accomplice, Zhao, was sentenced to 4 years and 10 months in prison and fined 20,000 yuan.According to the judgment, Zhang illegally connected to the high-voltage line of an oil field from a certain oil extraction plant in Daqing and set up 24 Bitcoin mining machines in an abandoned pigsty he rented. In December of the same year, Zhao joined in knowing that Zhang was stealing electricity and purchased an additional 12 mining machines, bringing the total to 36 machines running. In August 2025, the two were arrested by the public security authorities. It was calculated that Zhang stole 565,375.2 kilowatt-hours of electricity, valued at 438,580.52 yuan; Zhao stole 468,060 kilowatt-hours, valued at 363,750.78 yuan. The court found both men guilty of theft, with Zhang being the principal offender and Zhao the accomplice. The court also ordered Zhang to compensate 438,580.52 yuan, while Zhao was jointly liable for 363,750.78 yuan of that amount. The mining machines and related equipment involved in the case will be handled by the public security authorities in accordance with the law.

A man in the UK accuses his wife of using surveillance to secretly record mnemonic phrases and stealing $172 million in Bitcoin

According to market news, documents from the High Court of England show that a man accused his estranged wife of obtaining the mnemonic phrase for his Trezor hardware wallet through secret recordings, stealing 2,323 bitcoins (approximately $172 million). The man installed recording devices at home after his daughter warned him that his wife was attempting to steal his bitcoins.The recordings included statements such as "the bitcoins have been transferred to me" and "take everything." His bitcoins were transferred on August 2, 2023, and dispersed to 71 different addresses, with no further transactions occurring afterward. After the man reported to the police, his wife was arrested in 2023. The police seized 10 cryptocurrency cold wallets, but his wife was released after undergoing a no-comment interrogation and being granted bail, with the police stating they would not take further action until new evidence emerged.In November 2025, the man applied for an asset preservation injunction, seeking to declare ownership of the bitcoins and recover the assets. The judge believed the likelihood of his success was "very high" and noted that the wife had the opportunity but did not provide a statement regarding the incident. Given the volatility of bitcoin, the judge stated that a hearing needed to be scheduled as soon as possible.
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