In a recent prison raid in Venezuela, authorities seized Bitcoin mining machines along with rocket launchers and other weapons. Bitcoin mining is popular in Venezuela due to the country’s struggles with hyperinflation and cheap electricity. The country initially banned cryptocurrency mining in March due to alleged corruption involving crypto wallets and state-owned oil company PDVSA. The raided prison had luxurious facilities, including a restaurant, pool, and zoo, and gang leaders reportedly kept other prisoners in a form of slavery.
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