Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»TRADING NEWS»DOJ charges school district employee with unauthorized cryptocurrency mining operation
TRADING NEWS

DOJ charges school district employee with unauthorized cryptocurrency mining operation

By Crypto FlexsFebruary 4, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
DOJ charges school district employee with unauthorized cryptocurrency mining operation
Share
Facebook Twitter LinkedIn Pinterest Email

The U.S. Department of Justice (DoJ) has charged two high-ranking employees of the Patterson Unified School District with operating a cryptocurrency mining operation within 10 of the district’s schools. They were accused of utilizing school resources and incurring significant electricity costs.

According to the DoJ, Jeffrey Menge, assistant superintendent and chief business officer of the Patterson Joint Unified School District, and Eric Drabert, the district’s IT director, collaborated to establish a cryptocurrency mining farm on school property. Afterwards, they transferred all mined cryptocurrency to their personal cryptocurrency wallet.

The pair reportedly purchased high-end graphics cards and used other school district assets and electricity to run a cryptocurrency mining farm. However, the statement did not specify how many schools in the district participated in the effort. The district consists of 10 schools serving approximately 6,200 students. Additionally, the type of cryptocurrency mined was not disclosed.

The most commonly mined cryptocurrencies include Bitcoin, Monero, Ravencoin (RVN), and Dogecoin. To put things in perspective, mining a single Bitcoin as a solo miner requires approximately 266,000 kWh. This corresponds to 7 years of continuous mining with a monthly electricity consumption of 143 kWh.

In addition to the alleged cryptocurrency mining activities, the DoJ alleges that Menge embezzled $1 million to $1.5 million and Drabert stole $250,000 to $300,000 during the scheme.

This development coincides with a recent crackdown by U.S. energy regulators on cryptocurrency miners in an effort to reduce energy waste across the country. On February 1, the U.S. Department of Energy (DOE) required cryptocurrency miners to report their energy consumption for the next six months. The move comes amid concerns over a surge in Bitcoin prices leading to widespread cryptocurrency mining activity.

Additionally, the U.S. Energy Information Administration (EIA) announced that it would begin a survey to measure the electricity usage of local cryptocurrency miners. Miners are obliged to provide details related to their energy use.

This heightened scrutiny of the energy consumption of cryptocurrency mining is not limited to the United States, as regulators around the world are taking steps to control excessive electricity use. In December 2023, Indonesian police authorities shut down 10 Bitcoin mining operations after the organizers accused them of stealing electricity worth about $1 million.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Faces $82K Support Test Amid Rising Yields and Inflation Fears

September 30, 2026

Bitcoin Battles $80K as Institutional Demand Returns

September 6, 2026

Bitcoin Holds Firm While Altcoins Struggle for Momentum

August 21, 2026
Add A Comment

Comments are closed.

Recent Posts

Bybit Expands Beyond Crypto as CEO Outlines Next Phase of Financial Platform

October 13, 2026

Meet A7 International, an Innovative Global Platform Designed to Reinvent the International Payments Market

October 13, 2026

BiggerZ Crypto Casino Launches 100% RTP Originals With 0% House Edge

October 12, 2026

A7 to unveil a service that will re-invent the international payments market

October 12, 2026

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 6.03 Million Tokens, and Total Crypto and Total Cash & Marketable Securities Holdings of $16.2 Billion

October 12, 2026

Bybit Kicks Off “Full Stocks Ahead” With a 150,000 USDC Prize Pool for Its New Stocks Trading Service

October 12, 2026

MEXC Brings AI, TradFi and the Future of Trading to Life at TOKEN2049 Singapore

October 12, 2026

Bybit Supports Stocks Trading, Giving Eligible Global Users Access to 1,000+ U.S. Stocks and ETFs

October 12, 2026

DATA Network joins Sui and Walrus to scale the supply chain for AI training data

October 12, 2026

MEXC and Payward Highlight Collaboration as Crypto and TradFi Converge at TOKEN2049

October 9, 2026

Stablecoins Are Quietly Becoming Business Infrastructure, NOWPayments Data Shows

October 8, 2026

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Bybit Expands Beyond Crypto as CEO Outlines Next Phase of Financial Platform

October 13, 2026

Meet A7 International, an Innovative Global Platform Designed to Reinvent the International Payments Market

October 13, 2026

BiggerZ Crypto Casino Launches 100% RTP Originals With 0% House Edge

October 12, 2026
Most Popular

A revolution in communications: Solchat will transform the future of messaging on the Solana blockchain.

February 10, 2024

Fidelity adds staking to its Ethereum ETF application amid mixed reactions.

March 19, 2024

Ethereum: This hints at investor confidence amid potential $4,000 rally in 2025.

January 1, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2026 Crypto Flexs

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