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Home News Sites Borneo Post

SESB loses RM16 mln due to cryptocurrency mining activities

November 23, 2022
in Borneo Post
Reading Time: 1 min read
SESB loses RM16 mln due to cryptocurrency mining activities
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TAWAU (Nov 23): The Sabah Electricity Sdn Bhd (SESB) has recorded RM16 million in losses over 11 months this year due to cryptocurrency mining activities such as bitcoin that used illegal electricity connections in Sabah. Its chief executive officer, Mohd Yaakob Jaafar said during this period too, SESB, in collaboration with the Royal Malaysia Police

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