Venezuelan Raid Uncovers Bitcoin Mining in Prison

Venezuelan Forces Raid Tocorón Prison

Venezuelan security forces recently took decisive action against the notorious Tren de Aragua gang by raiding the Tocorón prison. This facility, controlled by the criminal gang, was discovered to house Bitcoin mining machines alongside an arsenal of weapons, including grenades and rocket launchers. Over 11,000 soldiers and police were deployed to regain control of the prison, marking the first major crackdown on this feared group, which has extended its influence beyond Venezuela’s borders.

Criminal Activities and Facilities

Reports highlight the gang’s involvement in various illicit activities such as human trafficking, kidnappings, extortion, and prostitution. The prison itself featured unusual amenities for inmates, including a baseball field, swimming pool, zoo, nightclub, and casino. Additionally, the presence of Bitcoin mining machines indicated illegal cryptocurrency mining activities within the facility.

Arrests and Evacuations

During the raid, authorities arrested four guards suspected of assisting the gang members. While some inmates managed to escape, the government successfully evacuated around 1,600 inmates to different locations. The Interior and Justice Minister, Remigo Ceballos, declared the operation a success and emphasized the government's commitment to combating criminal activities and their accomplices.

Impact on Venezuelan Crypto Industry

Earlier in the year, Venezuelan regulators suspended Bitcoin mining operations after investigations into a corruption scheme involving cryptocurrency wallets linked to the state-run oil company, Petróleos de Venezuela SA (PDVSA). Despite this suspension, reports suggest that the ban has significantly impacted the once-thriving crypto-mining industry in Venezuela, potentially stifling growth and innovation in the sector.