365Crypto
Interpol has launched a major strike against illegal crypto mining in Angola, leading to more than 1,200 arrests and $100 million seized.
Mining Farms Taken Down
Working with Angolan authorities, Interpol dismantled 25 secret mining centers. Most were run by 60 Chinese nationals. Police also seized over $37 million worth of mining gear, which Angola plans to redirect to communities in need.
A Wider Cybercrime Sweep
This action was part of a larger cybercrime operation across Africa. In total, 1,209 people were arrested and nearly $97 million recovered. In Zambia, officials exposed a scam that tricked 65,000 victims into losing $300 million with fake crypto investment promises.
Why Angola Banned Mining
Angola has struggled with electricity shortages. With a population of 39 million, the government banned mining in April 2024 to protect power supply. Digital assets remain legal, but mining now carries jail terms of up to five years. The Chinese embassy in Angola also issued warnings to its citizens not to participate.
Energy Concerns Worldwide
Crypto mining consumes huge amounts of energy. Other countries have cracked down too. In Russia’s Republic of Buryatia, police found rigs hidden inside a truck stealing power. In the US, rules vary by state. Texas remains miner-friendly, while New York banned proof-of-work mining for two years starting in 2022.
