Malaysian miners stole electricity worth $723 million from 2018 to 2023. This was stated by the Deputy Minister of Energy and Water Resources of the country, Akmal Nasrullah Mohd Nasir.

The politician noted that illegal miners harm not only the Malaysian state energy operator Tenaga Nasional Berhad but also local residents who cannot access the necessary amount of electricity.

The team of the cryptocurrency exchange Bi..EX has acknowledged a violation of the Bank Secrecy Act. This information appeared on the website of the U.S. Department of Justice.

Representatives of the trading platform acknowledged that they conducted business without implementing anti-money laundering programs (AML). According to the prosecution, Bi..EX offered users tools that helped evade sanctions. Thus, the exchange posed a serious threat to the integrity of the financial system.

The cryptocurrency service Payeer received a record fine of $10 million in Lithuania. This information appeared on the country's Ministry of Justice website.

The government agency stated that Payeer violated anti-money laundering rules and allowed customers to transfer money to banks that were under sanctions.

Recall that earlier BeInCrypto reported that Litecoin whales are actively withdrawing LTC to exchanges amid the price drop.