• Contact Us
  • Press Release
Marketcap
Advertise
BitCoinist News
No Result
View All Result
  • Home
  • Bitcoin
    • News
    • Price
    • Businesses
    • Technology
    • Investment
    • Regulations
    • All Bitcoin News
  • Altcoins
    • News
    • Ethereum
    • Litecoin
    • Ripple
    • EOS
    • All Altcoin News
  • Technology
    • Blockchain
    • Fintech
    • Security
  • Industry
  • How-To
  • Events
  • Press Release
Presale
  • Home
  • Bitcoin
    • News
    • Price
    • Businesses
    • Technology
    • Investment
    • Regulations
    • All Bitcoin News
  • Altcoins
    • News
    • Ethereum
    • Litecoin
    • Ripple
    • EOS
    • All Altcoin News
  • Technology
    • Blockchain
    • Fintech
    • Security
  • Industry
  • How-To
  • Events
  • Press Release
No Result
View All Result
BitCoinist News
No Result
View All Result

Paraguay deports three undocumented immigrants after crypto mining theft attempt

May 17, 2025
in Businesses
0 0
0
Home Bitcoin Businesses
Share on FacebookShare on Twitter


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.

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

Tags: attemptCryptodeportsimmigrantsminingParaguaytheftundocumented
Previous Post

Bitcoin stalls near record highs amid derivative pressures but breakout potential remains

Next Post

Ethereum Price Risks Further Crash To $2,350 With Lower Lows Formation

Related Posts

Filecoin, Lockheed Martin test IPFS in space
Businesses

Filecoin, Lockheed Martin test IPFS in space

May 16, 2025
Galaxy Digital shares jump 15% on Nasdaq debut
Businesses

Galaxy Digital shares jump 15% on Nasdaq debut

May 16, 2025
Bitcoin treasury pivot lifts luxury watchmaker’s stock more than 60%
Businesses

Bitcoin treasury pivot lifts luxury watchmaker’s stock more than 60%

May 16, 2025
Fake Eric Trump-themed token is ‘rug in the making,’ says Bubblemaps
Businesses

Fake Eric Trump-themed token is ‘rug in the making,’ says Bubblemaps

May 16, 2025
Crypto’s lack of ‘frothy use case’ a good sign: WisdomTree exec
Businesses

Crypto’s lack of ‘frothy use case’ a good sign: WisdomTree exec

May 16, 2025
Bitdeer clocks declining year-over-year revenues in Q1
Businesses

Bitdeer clocks declining year-over-year revenues in Q1

May 15, 2025
Next Post
Ethereum Price Risks Further Crash To ,350 With Lower Lows Formation

Ethereum Price Risks Further Crash To $2,350 With Lower Lows Formation

Zimbabwe Carbon Trading, ZAP Africa

Zimbabwe Carbon Trading, ZAP Africa

Leave a Reply Cancel reply

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

LATEST UPDATE

  • XRP Price Completes Wave A As Price Dips To $2.36, What’s Next For Wave B And C?
  • Everstake defends non-custodial staking as SEC weighs industry input
  • Zimbabwe Carbon Trading, ZAP Africa
  • Ethereum Price Risks Further Crash To $2,350 With Lower Lows Formation
  • Paraguay deports three undocumented immigrants after crypto mining theft attempt
BitCoinist News

BitCoinist News delivers the latest updates, trends, and insights from the world of cryptocurrency, blockchain, and finance. Stay informed with expert analysis and in-depth coverage on Bitcoin, Ethereum, and emerging digital assets.

BITCOIN

  • News
  • Businesses
  • Technology
  • Investment
  • Regulations

ALTCOIN

  • News
  • Price
  • Ripple
  • Litecoin
  • EOS

CATEGORIES

  • Technology
  • Blockchain
  • Fintech
  • Security
  • Press Release
  • How-To
  • About Us
  • Advertise With Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2025 Bitcoinist News.
Bitcoinist News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Bitcoin
    • News
    • Price
    • Businesses
    • Technology
    • Investment
    • Regulations
    • All Bitcoin News
  • Altcoins
    • News
    • Ethereum
    • Litecoin
    • Ripple
    • EOS
    • All Altcoin News
  • Technology
    • Blockchain
    • Fintech
    • Security
  • Industry
  • How-To
  • Events
  • Press Release

Copyright © 2025 Bitcoinist News.
Bitcoinist News is not responsible for the content of external sites.