Bitcoin Farmers in Venezuela Arrested Over Electricity Theft

In what sounds like the oddest news to hit this week, Venezuelan officials have arrested four Bitcoin miners and charged them with Internet fraud and electricity theft. According to local sources, the four Bitcoin miners, three men, and a woman, ages 23 to 57, were arrested in Charallave, south of Caracas. The director of the Computer Crime Division of the Scientific, Penal and Criminal Investigations Corps (CICPC) states that the four individuals were operating over 300 Antminer units in order to sell the Bitcoins, Bitcoinist reports. The problems is that they sold the Bitcoins on the Columbian and Venezuelan border in Cucuta, which affected the consumption and stability of electricity services in the area. Throughout 2016, the country has experienced nume...