400+ Miners Seized in Venezuela Due to Lack of Permits
More than 400 Bitcoin miners in Venezuela seized by the authorities this weekend in two major confiscations. Local reports indicate military personnel seized 332 miners from a transport truck. In another procedure, authorities seized 72 miners hidden in a house. These activities resulted in the apprehension of four individuals. Mining in Venezuela is perfectly legal, but it requires permits and licenses from Sunacrip.
400+ Miners Seized
Authorities in Venezuela seized more than 400 mining machines last weekend in two separate events. in the first, 332 miners were seized at a control checkpoint in the Portuguesa state: 56 Inosilicon T2s, 136 Antminer S9J-14.5Ts, and 140 Aladdinminers.
In another event, authorities seized 72 miners hidden in a home located in Barinas state. Military personnel captured three individuals present at the time.
According to reports from the authorities, the miners lacked the necessary permits to both operate these machines and transport them. Sunacrip, the national cryptocurrency watchdog, issues these permits, and miners need to register their activities and machines with the organization.