
Mexican prosecutors, Navy, and police seize crypto mining rigs illegally tapping a hydroelectric complex in Puebla.
Mexican federal prosecutors, the Navy, and Puebla state police seized 300 mining machines in Tlaola drawing electricity illegally from a federal hydroelectric complex.
AI-generated summary
The utility reported non-technical losses from theft and illegal connections totaling 6,346 gigawatt hours between January and July 2024.
Mexican federal prosecutors, the Navy and Puebla state police have seized 300 mining machines from a property in the Sierra Norte that was drawing electricity illegally from a federal hydroelectric complex, the state security ministry said on Sunday.
Alongside the rigs, officers took transformers, medium-voltage terminals and working satellite internet antennas from the site in Tlaola, a municipality of roughly 20,000 people. El País and Mexico News Daily describe the seized machines as GPUs, which would point away from Bitcoin and toward coins still mined on graphics cards.
While mining is legal in Mexico, prosecutors are preparing a charge of electricity theft.
Mining "consumes a great deal of energy and generates a lot of noise, which is why operators seek out isolated and very remote locations. That is what alerted us," state security minister Francisco Sánchez told reporters. Investigators had tracked reports of illegal mining in the region because of its proximity to the Nuevo Necaxa dam, he said, adding that, "There was a very large power connection."
Sánchez described the site as part of a network exploiting the Sierra Norte's hydroelectric infrastructure, and said the same activity is happening in neighboring states, with searches extending to nearby municipalities.
Forensic accountants step in
Money laundering has not been ruled out. Forensic accountants are tracing who funded the hardware, per reports in local media, and the state government said it is examining whether assets produced there were used to launder proceeds of crime. Mexico's Federal Electricity Commission is taking part in the investigation.
The utility put non-technical losses from theft, meter tampering and illegal connections at 6,346 gigawatt hours between January and July 2024, worth about 13.8 billion pesos ($817 million).
Three other mining operations were dismantled across the state and neighboring Tlaxcala in 2025, and a farm found near the same dam last year was allegedly run out of properties belonging to the electrical workers' union.

Core Lightning maintainers revealed that four image tags served unpatched binaries instead of v26.06.7 updates. Operators are urged to manually verify image digests to ensure security fixes are properly applied.

OpenAI claims its AI solved the Navier-Stokes equations, but NYU mathematician Tristan Buckmaster accuses the company of using his team's unreleased research. OpenAI denies the allegations.

Blockstream is in ongoing negotiations with hackers who exploited a flaw in Liquid Network's Elements software to withdraw approximately 4,000 BTC worth $320 million, aiming to recover the remaining 600 BTC valued at $47 million. The hackers returned 3,400 BTC on Monday but still hold 600 BTC. Liquid Network paused operations after the exploit, which involved unbacked L-BTC tokens being accepted as valid due to a transaction-level validation failure. The company confirmed no private keys were compromised and that functionary nodes were not hacked. Blockstream is preparing an emergency update to fix the vulnerability and restore network operations.

Cronos blockchain developers and validators erased nearly two hours of transaction history to reverse a $111.2 million exploit targeting the Tectonic lending protocol. The move, which invalidated all legitimate transactions during the window, left $9.19 million unrecovered.

Tether's Wallet Development Kit (WDK) provides developers with tools to integrate AI agents into local wallets. The system balances financial autonomy with security by offering configurable transaction policies, session controls, and explicit approval workflows for AI-driven payments.

U.S. law enforcement agencies are raising security concerns over the use of Ray-Ban Meta smart glasses to record inside jails and police facilities. Internal memos warn that the devices could expose sensitive security protocols, leading to new restrictions on eyewear.