Crypto Times Logo Black
Google News Follow Banner
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • DeFi News
    • Blockchain News
    • Industry
  • Exclusive
  • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • Podcasts
  • More
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
The Crypto TimesThe Crypto Times
  • All News
  • Market
  • Bitcoin
  • Ethereum
  • Altcoins
  • Regulations & Policies
  • Blockchain
  • DeFi
  • Industry
  • Exclusive
  • Opinion
Search
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • Blockchain
    • DeFi
    • Industry
    • Exclusive
    • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • Quick Links
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
    • AI Policy
    • Sponsored & Advertorial Policy
  • Podcasts
Follow US
© 2026 By Crypto Times. All Rights Reserved.
Market News

Chilean Drug Bust Reveals Secret Bitcoin Mining Operation

This is the first time drug trafficking has been linked so directly to cryptocurrency mining, as per Eduardo Gatica, head of the Anti-Narcotics Brigade.

Written By Jalpa Bhavsar
Published September 21, 2023 11:47 AM
Make The Crypto Times preferred on GoogleGoogle
Chilean Drug Bust Reveals Secret Bitcoin Operation

The Investigations Police of Chile (PDI) conducted an operation against a Chilean trafficking organization operating in the southern part of Santiago and discovered the suspects were not only trafficking illegal substances but also operating a full-fledged Bitcoin mining operation.

As per local report, the Anti-Narcotics Brigade for Santiago’s Metropolitan Region Southern Area invaded a property on Sept. 6 in the city’s La Cisterna neighborhood. Police discovered and seized 36 kilograms of marijuana, an ecstasy pill printer, 43 grams of ketamine, and an unexpected computer setup during the third operation against the group.

As per the police, the property’s room contained some connected, plugged-in machines that were producing a lot of heat and noise, and the on-site Cybercrime Brigade confirmed that it was a Bitcoin mining operation. 

Eduardo Gatica, head of the Anti-Narcotics Brigade, said, “This is an unprecedented event.  This is the first time drug trafficking has been linked so directly to cryptocurrency mining.” 

Police still seized 19, but only 10 of the mining machines were operational because the regional electrical grid could not support all 19 machines mining simultaneously, according to Luis Orellana, Chief of Santiago’s Cyber Crime Unit.

Authorities in the Metropolitan Region believe the sophisticated mining setup was used to launder money, although cryptocurrency mining is not an illegal activity.  According to police, the now-arrested criminals allegedly used money from their drug trafficking to buy machines, channel it into their computing operation, and then exchange Chilean pesos for Bitcoin. 

Prosecutor Carlos Yáez Dáz, from the Metropolitan Region’s High Complexity and Organized Crime Office, referred to the link between illegal activities and Bitcoin mining as “a novel” strategy. 

Also Read: Malaysian Authorities Curb Illegal Crypto Mining Operation

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

Follow The Crypto Times on Google News to Stay Updated!      Google News
Google News Banner

TAGGED:Bitcoin (BTC)
Share This Article
Whatsapp Whatsapp LinkedIn Telegram Copy Link

Latest News

Crypto Market Live: LAB Token Collapses 85% to $2

Prediction Market Fight May Reach Supreme Court CFTC Chair Selig

Prediction Market Fight May Reach Supreme Court: CFTC Chair Selig

Anchorage Bets Big on AI Economy With New Banking Model

Anchorage Bets Big on AI Economy With New Banking Model

Tapnob Rolls Out Crypto-to-Naira Payment Platform in Nigeria

Tapnob Rolls Out Crypto-to-Naira Payment Platform in Nigeria

Clarity Act on Fast Track Senator Moreno Sets July 4 Deadline

Clarity Act on Fast Track? Senator Moreno Sets July 4 Deadline

Find Us on Socials

You may also like

Crypto Market Today Utya, Dogs, LAB Top Gainers as Bitcoin Reclaims $81K

Crypto Market Today: Utya, Dogs, LAB Top Gainers as Bitcoin Reclaims $81K

Rep. Horsford Says Crypto Tax Bill Is Foundation as CLARITY Stalls

Rep. Horsford Says Crypto Tax Bill Is Foundation as CLARITY Stalls

A System Built on Control, and a Question That Refuses to Settle

A System Built on Control, and a Question That Refuses to Settle

Just 0.1% of Polymarket accounts captured 67% of all profits WSJ

Just 0.1% of Polymarket accounts captured 67% of all profits: WSJ

The Crypto Times Logo PNG

Providing real-time, accurate Crypto reporting. Your trusted source for Crypto News and Research.

Stay Updated

All News
Exclusive
Opinions
Learn
Podcasts

Company

About Us
Our Authors
Editorial Policy
AI Policy
Advertorial Policy

Get In Touch

Contact Us
Career

Find Us on Socials

X-twitter Linkedin Telegram Youtube Instagram

© 2026 The Crypto Times | A BITROCK TECHNOLOGIES L.L.C. Company.

DMCA.com Protection Status
  • Terms and Conditions
  • Disclaimer
  • Privacy Policy
  • Cookie policy
Do Not Sell or Share My Personal Information