⚠️ Thailand seized mining equipment worth $8.6 million. And this is not about 'crypto' — it's about criminal business.

Thai authorities conducted raids and seized 3,642 ASIC miners and related equipment worth around 300 million baht (~$8.6 million) at 7 locations, which, according to the investigation, were linked to fraudulent networks.

And here's what’s important:

it's not just 'illegal mining'. It's infrastructure.

🔹 Miners were placed in soundproof containers with water cooling — meaning this was a technically prepared base, not a 'garage operation'.

The police believe that mining there served two purposes:

1️⃣ Monetization of stolen electricity

If you steal power — mining turns it into money.

2️⃣ Financial 'laundering' through digital assets

When there is fraudulent money nearby — mining helps mix the flows and complicate the traces.

📌 Important lesson:

organized cybercrime today — is not 'scammers in chat'.

This is a business with physical infrastructure that is becoming increasingly resilient.

👉 Therefore, the main threat to the market — is not 'crypto as technology',

but crypto as a tool in the hands of criminal networks.

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#MoonManMacro