🚨 Paraguay's justice system has achieved a significant milestone by securing its second conviction related to power theft linked to cryptocurrency mining. In this case, Carlos Raul Rojas, the owner of a property where over 1,000 cryptocurrency miners operated, was sentenced to 18 months in prison for causing over $1.5 million in losses to the National Power Administration (ANDE) ¹. The mining operation was illegally connected, bypassing power metering devices and siphoning energy directly from the grid. Authorities also seized three power transformers during the raid, which occurred at a location masquerading as a chicken farm . This farm had been operating for two years, resulting in substantial losses to the National Power Company of Paraguay (ANDE) .

Moreover, the Paraguayan Senate recently passed a law imposing up to 10 years in prison for crypto-linked energy theft crimes, emphasizing the importance of compliance with legal standards . Energy theft for other purposes can also lead to **up to three years in prison. As the crypto industry continues to evolve, responsible practices and adherence to regulations are crucial. Let's stay informed and build a crypto community that operates within legal boundaries! 💡🌟.#Paraguay #LowestCPI2021 #BlackRockETHOptions #Write2Earn! #LowestCPI2021