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Deep Tide TechFlow message: On July 04, according to Malaysian media *New Straits Times*, Malaysian police yesterday conducted a surprise raid on an illegal cryptocurrency mining operation located in a warehouse in the Port Klang Free Trade Zone on Pulau Indah and shut it down. During the raid, two foreign men aged 20 and 31 were detained, and mining equipment was seized.
Under Malaysian law, this violates the Penal Code and the Electricity Supply Act. If the two are tried jointly, they will face up to 10 years’ imprisonment and a fine of 100,000 ringgit (approximately 24,500 US dollars).