In a cargo fraud investigation, LAPD seizes stolen Cryptocurrency miners worthwhile$ 2.7 million.

After tracking a cargo theft ring to a San Pedro, California inventory, Los Angeles Police Department police tracked more than$ 3.9 million in stolen goods, including Bitcoin workers worthwhile$ 2.7 million.

The Los Angeles Police Department’s Cargo Theft Unit police detained 41-year-old Oscar Borrero-Manchola and 25-year-old Yonaiker Rafael Martinez-Ramos, who the department described as “prominent people” of a South American murder band linked to the Los Angeles area’s goods fraud operation, in collaboration with the Los Angeles Port Police, Union Pacific Police, and Airport Police.

A Bitcoins miner is a specific computer that earns money as a reward for solving challenging mathematical puzzles that justify transactions on the Bitcoin network.

‘s requests for comment did not prompt the LAPD to answer.

In addition to the Bitcoin workers, police also recovered$ 1.2 million worth of stolen goods, including animal food, cognac, speakers, coffee, clothes, shoes, body wash, and boots. The Bitcoin laborers were in cargo vessels bound for Hong Kong, according to the LAPD, who did not specify where the other stolen goods were going.

The LAPD stated in a declaration that” this case highlights the continued collaborative work between law enforcement agencies to fight cargo theft and safeguard the integrity of business travel activities.” ” There may be more detention as the research progresses,” the statement reads.

incidents of bitcoin worker equipment

The theft is the most recent in a line of recoveries of stolen Bitcoin mine equipment by U.S. law enforcement.

The LAPD detained Bryan Thola last summer on suspicion of possessing stolen Bitcoin workers worth$ 579, 000 in July 2024. After conducting an investigation into an abandoned inventory in Louisiana that same month, the Baton Rouge Police Department raided an abandoned inventory in Louisiana and found 250 stolen Cryptocurrency workers.