Fun

Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace

News Feed - 2023-02-24 03:02:18

Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace


A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole nearly $18,000 in electricity to power the crypto mining scheme. Former Cohasset School Employee Faces Charges for Electricity Theft in School Crawlspace Crypto Mine


A report published by Boston’s WCVB network alleges that Nadeam Nahas, a former school employee in Cohasset, Massachusetts, stole electricity from the district to mine cryptocurrency. Nahas is accused of setting up the operation at Cohasset High School’s crawlspace, where multiple computers, ventilation devices, and connected wiring were found. Photograph of the ASIC miners confiscated by the Cohasset Police Department.


Photographs taken by the Cohasset Police Department show that the mining devices appear to be application-specific integrated circuit (ASIC) mining rigs, possibly used for mining bitcoin. Police accuse Nahas of secretly mining cryptocurrency for eight months on the school’s campus, and the town’s IT director discovered the operation was a crypto mine.


Investigators, Cohasset police, and members of the Department of Homeland Security were involved in the case and removed the miners from the high school’s crawlspace. The investigation lasted three months, and investigators estimate that approximately $17,492 in electricity was stolen.


Nahas is one of many individuals accused of stealing electricity to power cryptocurrency mining operations over the years. For example, in 2021, Malaysia seized 1,720 bitcoin mining machines during an electricity theft crackdown.


Law enforcement officials in Malaysia revealed last year that they had arrested more than 600 people for stealing electricity to mine cryptocurrency in the previous two years. In 2020, a kennel owner in China was arrested for stealing power to run a bitcoin mining farm.


In Rotterdam, Netherlands, two brothers were arrested in 2016 for stealing electricity to mine bitcoin and grow cannabis. WCVB reporter William Bennett reports that Nahas is facing charges of school vandalism and fraudulent use of electrical resources.


Nahas is scheduled to appear in Quincy District Court for arraignment on Feb. 23, 2023. According to Bennett, when reached by phone, the accused former Cohasset school employee declined to comment on the matter. Tags in this story Arraignment, ASIC, Bitcoin, Bitcoin (BTC), Bitcoin (BTC) mining, Blockchain, Charges, Cohasset, Cohasset Mining, Cohasset Police Department, Criminal Activity, Cryptocurrency, Department of Homeland Security, Digital Assets, electricity theft, Energy Consumption, facilities director, Fraud, high school, Illegal Activity, Investigation, IT, Law Enforcement, Massachusetts, mining, Nadeam Nahas, technology, Vandalism, WCVB, William Bennett


What do you think about the former school employee accused of stealing electricity to mine cryptocurrency in the Cohasset High School crawlspace? Share your thoughts on this subject in the comments section below. Jamie Redman


Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Russian Founders of Defi Platform Forsage Indicted in $340 Million Crypto Ponzi Scheme NEWS | 1 hour ago Developers Propose Cross-Chain Bridge for XRPL Network to Enhance Blockchain Interoperability NEWS | 3 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleTrustlessly Purchasing an NFT on Flare Using the Token of a Different Blockchain Next articleDevelopers Propose Cross-Chain Bridge for XRPL Network to Enhance Blockchain Interoperability Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItOman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework


Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)"s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real ... read more.Privacy-Centric Monero Plans for July Hard Fork, Plans Include Ring Signature, Bulletproof Upgrade Australia to List Bitcoin ETF After 4 Clearinghouse Participants Commit to Meet Stringent Margin Terms Fed"s Bullard Wants to Raise Bank Rate to 3.5% by Year"s End, Hints at 75 Basis Point Rate Hike Iran to Increase Penalties for Unauthorized Cryptocurrency Mining

News Feed

Fortune Unicorn Club (FUC), the First DIY-Mint Method NFT Project, Has Won 2 Million in Funding in the ForChain Labs’ Seed Round
Fortune Unicorn Club (FUC), the First DIY-Mint Method NFT Project, Has Won 2 Million in Funding in the ForChain Labs" Seed Round press release PRESS RELEASE.ForChain Labs was founde
Bitcoin, Ethereum Technical Analysis: BTC, ETH Climb for Second Consecutive Session
Bitcoin, Ethereum Technical Analysis: BTC, ETH Climb for Second Consecutive Session Bitcoin was higher for a second consecutive session, as the world’s largest cryptocurrenc
Tesla investors sue Elon Musk for diverting resources, talent to xAI
Jesse Coghlan4 hours agoTesla investors sue Elon Musk for diverting resources, talent to xAIShareholders accused Tesla boss Elon Musk of “brazen disloyalty” with his xAI startup that created “billions in AI-related
Savannah Fortis12 hours agoTwo-thirds of AI Chrome extensions could endanger user security: DataData from an Incogni report revealed that 69% of AI extensions for Google Chrome have a high risk impact on users’ cyberse
Top US Food Co-Op to Track Seafood Using Mastercard’s Blockchain Tech
A food provenance platform utilizing blockchain technology from Mastercard is see real-world use by a U.S. food co-operative giant. Announced Sunday, Envisible – a firm providing
Former US Treasury Secretary Mnuchin Says His View on Bitcoin ‘Has Evolved’
Former US Treasury Secretary Mnuchin Says His View on Bitcoin "Has Evolved" Former U.S. Treasury Secretary Steven Mnuchin says his viewpoint on bitcoin “ha
ECB Officially Starts to Investigate Digital Euro — Development Could Begin in 2 Years
ECB Officially Starts to Investigate Digital Euro — Development Could Begin in 2 Years The European Central Bank (ECB) says it is “starting to investigate” a digita
Bitfarms acquires Stronghold Digital Mining in $125M deal
Pradipta Mukherjee10 hours agoBitfarms acquires Stronghold Digital Mining in $125M dealAs part of the acquisition, Stronghold shareholders will receive 2.52 shares of Bitfarms for each share held.1407 Total views1 Total
William Suberg54 minutes agoBitcoin traders demand ‘slow grind’ up after BTC price drops over 4%BTC price support gives in to sellers at six-week highs, but Bitcoin remains in its classic trading range.445 Total view
With Round 1 Fully Sold Out, ClinTex Launches Round 2 of the CTi Token Sale
With Round 1 Fully Sold Out, ClinTex Launches Round 2 of the CTi Token Sale2nd October 2020, London, United Kingdom: The lack of coordination, and major issues with bureaucracy are
Fantom Price Breakout: Analyst Shares Anatomy Of FTM’s 18,000% Move To $150 By 2025
Este artículo también está disponible en español. A recent technical analysis on TradingView has drawn attention to the Fantom price, with a projected 18,000% increase to
Bitcoin Dominance Holds Altcoin Season At Bay, Analyst Says No Upside Until This Happens
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu