The Paraguayan job

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A Paraguayan mining facility, three illegal Chinese, and a police raid. Like the open scene of a Tarantino movie, ngl!

But this time, it’s real life. Three fellas from China, sneaking around a high-tech crypto mining joint near Paraguay’s massive Itaipu hydroelectric dam, the giant power plant that’s basically the country’s electricity backbone.

Loot

These guys thought they could pull a fast one, break into Teratech SA’s locked facility, and swipe some fancy crypto mining machines.

Spoiler alert, it didn’t go as planned. Paraguayan cops caught these guys red-handed, right after they busted into a restricted area.

The prosecutor, Irene Rolón, laid it out, three of the intruders, Jinping Duan, Tian Jianyun, and Zheng Guanglong, were promptly deported.

Why? Because none of them had official papers to be in Paraguay in the first place.

Authorities and Interpol suspect they slipped in through Brazil or Bolivia, like shadows in the night.

Meanwhile, another guy, Nahun María Velázquez Garcete, a legal resident, got pinched too.

But this guy’s not just a random bystander, he’s believed to be tangled up in some criminal network and now faces aggravated theft charges.

Oh, and get this, right after his arrest, he ended up in the hospital in critical condition. Details? Nah, officials are keeping that under wraps.

Plans

Prosecutors think these three deported Chinese might have had some kind of contract gig with Teratech, maybe working as programmers.

But the company’s CEO hasn’t spilled the beans yet, so we’re all waiting on that report.

Were these guys legit workers gone rogue, or just freeloaders with sticky fingers? The jury’s still out.

Paraguay, by the way, is a hot spot for crypto miners because it’s swimming in cheap, renewable energy, thanks to Itaipu.

The dam powers the whole country and then some, leaving miners with plenty of juice to run their rigs.

So, it’s no surprise Teratech set up shop there. But this attempted heist? It’s a big black eye for the operation.

Twist

And the story’s not over, because officials believe there are more players involved in this attempted theft, and the investigation is still heating up. So, this crypto caper might just be the tip of the iceberg.

After all, it turned out that trying to steal crypto mining machines in Paraguay is a bad idea, like everywhere else, especially if you’re sneaking in without papers.

The cops are watching, and they don’t mess around. Next time, maybe stick to legal work.


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

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