Paraguayan Authorities Deport Three Individuals Involved in Crypto Mining Theft Attempt near Itaipu Dam. Paraguayan law enforcement recently deported three individuals and arrested another for attempting to steal crypto miners at a facility near the country’s Itaipu hydroelectric dam. According to a statement from Paraguayan prosecutor Irene Rolón, the men were caught breaking into a locked section of Teratech SA’s facility in Coronel Bogado, leading to their arrest. The deported individuals were Chinese nationals who did not have official entry records into the country. Authorities believe they illegally entered through Brazil or Bolivia. The arrested individual, Nahun María Velázquez Garcete, a legal resident in Paraguay, is believed to be part of a criminal organization and has been charged with aggravated theft. The case is still under investigation as officials suspect more individuals were involved in the attempted theft. It is speculated that the deported individuals had been in Paraguay for several months, possibly working as programmers. Paraguay is an attractive location for crypto mining due to its abundant renewable energy resources, with the Itaipu dam providing excess electricity for mining operations. This incident highlights the need for increased security measures in the crypto mining sector.
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