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Paraguay convicts two bitcoin miners for energy theft, setting legal precedent against illegal power use.

Market News
22 Jun 2026
Bitcoin
View Source
Bearish
pluang ai news

Paraguay's National Power Administration (ANDE) won a legal case against two bitcoin miners convicted of stealing electricity by bypassing meters and directly connecting to the power grid. The miners were sentenced to two years in jail, though the sentence was suspended. This ruling is significant as it also holds property owners accountable if they facilitate or benefit from illegal energy use. ANDE plans to strengthen controls to combat illegal mining and energy theft, which have caused millions in losses. This case follows previous convictions in Paraguay, reinforcing the country's zero-tolerance policy on energy theft related to bitcoin mining.

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AI/R advances AI integration in business with Databricks, achieving Gold partner status and boosting client results.

AI/R advances AI integration in business with Databricks, achieving Gold partner status and boosting client results.

AI/R, a technology company specializing in Agentic AI, has deepened its partnership with Databricks, achieving Gold partner status and expanding its certifications from 11 to over 100. This growth enables AI/R to deliver advanced AI and data solution...

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Lebrikizumab sustains atopic dermatitis clearance up to 2 years with less frequent dosing, per new long-term data.

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Greystone hires Joshua Rosen to lead seniors housing and healthcare loan origination.

Greystone hires Joshua Rosen to lead seniors housing and healthcare loan origination.

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1 hour ago
Investigations launched into merger deals of Apogee, Roku, TruBridge, and Organon over shareholder value concerns.

Investigations launched into merger deals of Apogee, Roku, TruBridge, and Organon over shareholder value concerns.

Brodsky & Smith LLC announced investigations into the merger agreements of Apogee Therapeutics, Roku, TruBridge, and Organon. Each investigation questions whether the respective company boards fulfilled their fiduciary duties by ensuring a fair proce...

Market News
Bearish
2 hours ago
Investigations launched into merger deals of Arcosa, Fathom, Nuvalent, and Dana for possible board breaches.

Investigations launched into merger deals of Arcosa, Fathom, Nuvalent, and Dana for possible board breaches.

Brodsky & Smith LLC has announced investigations into the merger agreements of Arcosa, Fathom Holdings, Nuvalent, and Dana Incorporated. These investigations focus on whether the respective company boards breached fiduciary duties by failing to ensur...

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