Kuala Lampur, May 12 -- Electricity theft linked to illegal cryptocurrency mining in Malaysia has surged by nearly 300 per cent from 2018 to 2024, according to Tenaga Nasional Berhad (TNB).

The Star cited the utility provider saying this spike was uncovered through joint operations with the Energy Commission, the police, Malaysian Anti-Corruption Commission, and local councils.

"Joint operations and nationwide raids have successfully shut down illegal mining setups, contributing to an increase in detected cases from 610 in 2018 to 2,397 in 2024. These enforcement actions have safeguarded the stability of the power grid," TNB reportedly said.

"For the same period, the average number of complaints related to cryptocurrency was 1,699, wit...