Loading cryptocurrency prices...

Paraguay Deports Three for Crypto Miner Theft Near Itaipu Dam

Three Chinese Nationals Deported After Attempted Crypto Mining Equipment Theft at Itaipu Dam’s Teratech SA Facility in Paraguay

  • Paraguayan police deported three Chinese nationals and arrested a Paraguayan resident after an attempted crypto mining equipment theft.
  • The incident took place at the Teratech SA facility near the Itaipu hydroelectric dam.
  • Authorities believe the suspects may have worked as contractors for Teratech SA, but company confirmation is pending.
  • The deported individuals entered Paraguay illegally, likely through Brazil or Bolivia.
  • An investigation is ongoing to identify additional suspects involved in the attempted theft.

Paraguayan law enforcement deported three Chinese nationals and detained another individual after intercepting an attempt to steal cryptocurrency mining equipment at the Teratech SA facility near the Itaipu Dam. The event occurred on May 15, following a break-in at a locked area within the mining operation.

- Advertisement -

Paraguayan prosecutor Irene Rolón said police apprehended the men shortly after the intrusion. The three deported suspects lacked official entry records and are believed by authorities and Interpol to have entered Paraguay illegally through Brazil or Bolivia.

The individuals deported are Jinping Duan, Tian Jianyun, and Zheng Guanglong. According to Rolón, “the men may have had ties to Teratech as independent contractors, but we are waiting for official confirmation from the company’s CEO.” The fourth suspect, Nahun María Velázquez Garcete, is a legal resident of Paraguay and faces charges of aggravated theft. He is currently in pretrial detention and was hospitalized in critical condition following his arrest. The nature of his injuries was not disclosed.

Officials suspect that other people were involved in the attempted theft and continue to investigate to identify all parties responsible. Police have not shared further details about how the suspects entered the facility or the specific equipment targeted.

Prosecutor Rolón said the three deported men may have worked as programmers in Paraguay for several months. Authorities are waiting for a report from Teratech’s CEO to clarify the men’s roles and relationship with the company.

- Advertisement -

Paraguay’s abundant renewable energy, especially from the Itaipu dam, has made it an attractive location for cryptocurrency mining operations. The dam provides all the country’s electricity needs and allows for excess energy use by miners.

For more details on this case, see the original coverage on PDS Radio Y TV Digital.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

OCC Head: Crypto Banks Should Get Same Federal Charter as Others

Jonathan Gould of the Office of the Comptroller of the Currency (OCC) states crypto...

Tether Joins €70M Boost for Italian Humanoid Robot Startup

Tether invested in Italian humanoid robotics startup Generative Bionics during a €70 million (approximately...

CFTC Launches Crypto Pilot for Tokenized Collateral in Markets

The Commodity Futures Trading Commission (CFTC) launched a pilot program enabling digital assets like...

Bitcoin addresses with 0.1+ BTC hit historic two-year low in 2025

The number of unique Bitcoin addresses holding more than 0.1 BTC has decreased over...

New JS#SMUGGLER Campaign Distributes NetSupport RAT Malware

A new cyber campaign called JS#SMUGGLER uses compromised websites to distribute NetSupport RAT, a...
- Advertisement -

Must Read

What is Moon Tropica (CAH) – Technology, Tokenomics, Game Preview

Gaming enthusiasts and crypto enthusiasts, hHave you heard about Moon Tropica? If you're longing for that nostalgic feel of classic games from your childhood...