According to Odaily, the Paraguayan Senate has passed a series of reforms that alter the penalties for energy theft related to cryptocurrency mining. Individuals and companies found guilty of stealing energy for crypto mining activities will now face up to 10 years in prison. In contrast, energy theft for other purposes will result in a maximum penalty of 3 years in prison. This legislative change follows a recent decision to increase electricity rates for cryptocurrency mining by 14%, which has drawn criticism from industry stakeholders and lawmakers.
Paraguay Senate Approves Stricter Penalties For Energy Theft In Crypto Mining
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