Mining hotel Bincloud will be closed in Kazakhstan

177
Elena Klimovich

16:54 10/08/2022

177
Mining hotel Bincloud will be closed in Kazakhstan

In connection with an increase in the number of crimes in the cryptosphere, the authorities in Kazakhstan began to prevent potentially dangerous activity.

Pre-court investigation was initiated for a mining business that attracted attention after the organization of the financial pyramide. The founders of mining-hotel Bincloud persuaded the potential investors to give the money for the project and promised them high rates for their everydays income from the rent mining equipment. All this stuff was done through Whatsapp and Telegram.

There is information that fraudsters took about 16% of a client's income. Financial regulators ask all victims of this pyramid structure to apply with appropriate statements and indicate the amount of lost funds.

After hard Chinese regulation of the cryptosphere and banning some directions for activity, part of miners from China relocated to Kazakhstan attracted loyal policy and low prices for the energy. But since that time the circumstances have changed. The authorities? supported by president Tokaev, began a struggle against illegal mining. Legal companies are in difficult conditions too, for example, because of high taxes and payments for the electricity.


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