The stealing of the electricity is theft.
The money laundering is converting that electricity to a form i.e. Bitcoins, that can be washed through the financial system.
So there are 2 separate crimes.
By definition if you obtain any monetary benefit from a criminal act then it is Money Laundering. It encompasses a lot of different possible activities. Tax evasion is a crime but if you take that money and transfer it to an overseas account then that is money laundering.
"Theft Of Electricity" (on the basis that a computer doing something for an unauthorised user would consume more electricity than if that user was not issuing commands) was one of the first offences used in the UK to prosecute computer hackers in the early 1980s, before specific hacking legislation was introduced.
Obviously, not a whole lot of electricity - fractions of a penny, at a time - but enough of a "wrongdoing" to get the case into court.
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[ 0.27 ms ] story [ 35.3 ms ] threadObviously, not a whole lot of electricity - fractions of a penny, at a time - but enough of a "wrongdoing" to get the case into court.