Local media in Libya reported the arrest of 50 Chinese citizens who lived in the city of Zlatin for illegal mining of digital currencies. Libyan prosecutor Sediq al-Sour shared evidence that identifies cryptocurrency mining sites in Tripoli.
According to reports, during the arrest of 50 Chinese citizens on charges of illegal cryptocurrency mining, 10 other people who participated in this project were arrested by the police and referred to legal authorities.
It seems that the Libyan government is following the effects of crypto-currencies in its country. More detailed information and news about the arrest of 50 Chinese and discovered miners have not been published so far.
The most important reason in countries like Libya, despite the forbidden extraction of Bitcoin, has grown, has been a cheap electricity rate.
According to this news from the country of Libya, this country has declared the mining of cryptocurrencies illegal due to high energy consumption, but it goes without saying that most of the countries that have banned bitcoin mining have more bitcoin production.
It goes without saying that the Chinese government has not yet taken any action to defend the arrested citizens.
The most important reason in countries like Libya, despite the forbidden extraction of Bitcoin, has grown, has been a cheap electricity rate.
If you are a citizen of Libya, follow the latest news of cryptocurrencies in Libya here.
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