- Iranian authorities have seized nearly 10,000 illegal cryptocurrency mining devices since March.
- Many of these unauthorized cryptocurrency mining operations were based in public locations, such as schools and mosques, that receive free or heavily-subsidized electricity.
- Alireza Peymanpak, vice minister of Iran’s Ministry of Industry, Mine and Trade and president of the country’s Trade Promotion Organization (TPO), revealed that “the first official import order was successfully placed with cryptocurrency worth 10 million dollars”.
9,404 Crypto Mining Devices Seized by Iranian Authorities Since March
