• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

📜 History Predicts Our Future… And It’s Terrifying 😳🔥

2025-12-06

What Is a Crypto Wallet Address? A Beginner’s Guide

2025-12-06

What Is a Seed Phrase in Crypto? A Beginner’s Guide to Wallet Security

2025-12-05

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    Bitcoin Just Hit an All-Time High. Nobody Cares

    2025-09-11

    All Eyes on Art: Upcoming Collections to Watch the Week of May 27

    2025-09-11

    Bitcoin Vegas Belongs to the Suits Now

    2025-09-11

    NFC Summit Lisbon Founder on Evolving the Event and Weathering the Market

    2025-09-11

    All Eyes on Art: Upcoming Collections to Watch the Week of June 3

    2025-09-10
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What Is a Crypto Wallet Address? A Beginner’s Guide

    2025-12-06

    What Is a Seed Phrase in Crypto? A Beginner’s Guide to Wallet Security

    2025-12-05

    Practical Strategies for New Traders

    2025-12-05

    Types of Cryptocurrency Explained Simply: Coins, Tokens, and Beyond

    2025-12-05

    Top Metaverse Crypto Projects to Watch Out For in 2025

    2025-12-04
  • Videos

    📜 History Predicts Our Future… And It’s Terrifying 😳🔥

    2025-12-06

    How Many TSLA Shares = Rich? The Global Breakdown 🌎🚀

    2025-12-05

    Bitcoin investors…Get Ready For Inflation Numbers and the Fed!

    2025-12-05

    Jim Bianco: Bitcoin Predictions, Strategy Selling & Institutional Threat

    2025-12-05

    🔥 Enter to win $1,000 USD in Bitcoin at our FREE webinar

    2025-12-04
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Regulation»Man faces arrest over alleged crypto mine hidden under a school
Regulation

Man faces arrest over alleged crypto mine hidden under a school

2023-02-25No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

A former facilities worker who allegedly set up a secret cryptocurrency mining operation inside a Massachusetts school’s crawl space is due for arrest after missing a scheduled court hearing to answer to charges. 

Nadeam Nahas was scheduled to be arraigned on Feb. 23 facing charges of vandalizing a school and fraudulent use of electricity, according to media reports.

JUST IN: an ex-town employee is accused of running a “Cryptocurrency mining operation” out of Cohasset High School. pic.twitter.com/cdBlMIxnnH

— whalechart (@WhaleChart) February 24, 2023

A default warrant is a type if warrant issued by courts when a person fails to appear in court or comply with an order, and authorizes law enforcement officers to arrest the person.

Nahas, who is said to have previously worked in the facilities department for the town of Cohasset, Massachusetts, United States, is alleged to have stolen electricity worth almost $18,000 in order to power his crypto mining operation in 2021, between April 28 and Dec. 14.

Court documents show the town calculated Nahas – of Norwell (he worked for the town of Cohasset in the facilities dept) allegedly stole $17,492.57 worth electricity as the computers did their work 24/7 near the boiler room in the basement. It was discovered 12-14-21.

— Jonathan Hall (@JHall7news) February 23, 2023

Local police were reportedly initially informed about the operation in December 2021 after Cohasset’s facilities director noticed computers, wiring and ductwork that seemed out of place given they were in a crawl space near the school’s boiler room.

A total of 11 computers were found there, and Nahas was identified as a suspect after a three-month investigation.

See also  Silvergate settles SEC lawsuit for $50 million; Fed, California regulator demand $63 million fine

Nahas resigned from his position with the town of Cohasset in March.

Related: The economics of cryptocurrency mining: Costs, revenues and market trends

It is certainly not the first time someone has been charged with stealing electricity in order to mine cryptocurrency.

In July 2021, Malaysian officials destroyed $1.2 million worth of Bitcoin (BTC) mining rigs that were confiscated from residents who were stealing electricity to mine.

A year prior, in August 2020, Bulgarian authorities arrested two men for illegally siphoning off more than $1.5 million in electricity to operate two crypto mining farms.

alleged arrest Crypto Faces Hidden Man school
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

What Is a Crypto Wallet Address? A Beginner’s Guide

2025-12-06

What Is a Seed Phrase in Crypto? A Beginner’s Guide to Wallet Security

2025-12-05

Top Metaverse Crypto Projects to Watch Out For in 2025

2025-12-04

Best Crypto Trading Strategies (Beginner to Intermediate Guide)

2025-12-04
Add A Comment

Leave A Reply Cancel Reply

Top Posts
DeFi

DeFi has not followed through on its privacy promises — yet

2023-10-08

When it comes to personal privacy, the promises of DeFi summer have rung hollow. Projects…

Videos

Bitcoin: What Happens If The Internet Goes Down?

2024-03-06

Join Bitcoin University Premium: https://www.bitcoinuniversity.com In this video, I discuss what would happen to Bitcoin…

Videos

Bitcoin Presents RARE Opportunity | TON and Cardano Updates

2024-07-09

Today, let’s discuss Bitcoin, Cardano and Ton coin. Bitunix Exchange (No KYC) $100000 Bonus ▻…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

📜 History Predicts Our Future… And It’s Terrifying 😳🔥

2025-12-06

What Is a Crypto Wallet Address? A Beginner’s Guide

2025-12-06

What Is a Seed Phrase in Crypto? A Beginner’s Guide to Wallet Security

2025-12-05

How Many TSLA Shares = Rich? The Global Breakdown 🌎🚀

2025-12-05
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 91,459.50
ethereum
Ethereum (ETH) $ 3,128.97
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.11
bnb
BNB (BNB) $ 904.21
usd-coin
USDC (USDC) $ 0.999972
solana
Wrapped SOL (SOL) $ 135.56
tron
TRON (TRX) $ 0.286668
staked-ether
Lido Staked Ether (STETH) $ 3,128.57
dogecoin
Dogecoin (DOGE) $ 0.142434