In brief
- Malaysian authorities have seized more than 75,000 crypto mining machines in over 3,000 raids between 2022 and May 2026, the Deputy Home Minister told parliament.
- The operations, run with national utility Tenaga Nasional Berhad and the police, led to 629 arrests, he said.
- Crypto trading is legal in Malaysia, but mining that relies on stolen electricity, tampered meters or unlicensed setups is not.
Malaysian authorities have seized more than 75,000 cryptocurrency mining machines in over 3,000 raids nationwide between 2022 and May 2026, Deputy Home Minister Datuk Seri Dr Shamsul Anuar told parliament on Wednesday, according to state news agency Bernama.
The seizures came alongside 629 arrests in coordinated operations involving the Royal Malaysia Police, state utility Tenaga Nasional Berhad (TNB) and local authorities, he said, responding to a question in the Dewan Rakyat, the lower house of parliament.
Shamsul Anuar said the Home Ministry is expanding its enforcement approach, leaning on intelligence gathering and technology to flag likely hotspots before moving in so it can "respond faster and take more precise action." He attributed the persistence of illegal mining to strong demand for digital assets and the profits available from volatile token prices, while stressing that potential gains do not excuse crimes such as stealing electricity to cut running costs.
Malaysia and crypto
Owning and trading crypto is permitted in Malaysia, though it is not recognized as legal tender, Shamsul Anuar said. Mining crosses into illegality when it relies on “unauthorised electricity connections, tampering with meters, disrupting power supply systems or operating without the required licences,” he added.
The Securities Commission Malaysia regulates digital assets, while the central bank, Bank Negara Malaysia, oversees financial stability, payments and anti-money-laundering compliance.
The focus of the crackdown is on electricity theft rather than crypto policy. Mining rigs run around the clock and draw heavy, constant loads, and operators frequently bypass or tamper with meters to hide the consumption, leaving utilities to catch the fraud only when billed and actual usage diverge.
Years of raids
The latest tally extends a campaign that has run for years. In late 2025, Malaysia's energy ministry linked around $1.1 billion in power losses to some 14,000 illegal mining sites uncovered over five years, and set up a committee drawing on the finance ministry, Bank Negara and TNB to pursue offenders.
Enforcement has at times been theatrical. Police have on more than one occasion crushed seized rigs with steamrollers, including hundreds of machines destroyed in 2024 and around 1,000 in a similar operation in 2021.
Malaysia is not alone in the region. Authorities elsewhere have mounted their own crackdowns, from a multimillion-dollar mining operation dismantled in Thailand to arrests in Hong Kong over electricity siphoned to power rigs.
Daily Debrief Newsletter
Start every day with the top news stories right now, plus original features, a podcast, videos and more.