3 Hrs
Source:
الاقتصادية
Hidden crypto mine linked to laundering in Mexico
The article highlights the use of criminal groups in Mexico deploying secret farms to mine cryptocurrencies as a means of money laundering, particularly by exploiting electricity illegally. It was discovered that a facility in the state of Puebla was using hundreds of computers along with an illegal network to steal electricity to support their mining operations, which demand enormous amounts of energy. Reports indicate that the value of illegal digital currency transactions rose to approximately $154 billion in 2025, up from $59 billion the previous year, with increasing involvement in sanctions evasion. Bitcoin mining has become highly profitable, especially as the cryptocurrency's price has surged to around $78,000, while the cost to mine a single unit is estimated at $45,000—particularly in remote areas that offer some cover for these clandestine activities. Investigations are ongoing, with similar operations identified in other regions of Mexico City. This phenomenon is part of the broader global trend of cryptocurrency use in money laundering crimes, with expectations of increased criminal activities linked to their expanding adoption.
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