lapd

LAPD Recovers $2.7M in Bitcoin Miners: What Does It Mean?

LAPD Recovers $2.7M in Bitcoin Miners: What Does It Mean?

The Los Angeles Police Department (LAPD) recently dismantled a significant cargo theft operation, recovering nearly $4 million in stolen goods. Among the other devices that were recovered were Bitcoin mining machines worth a whopping $2.7 million. This event has reverberated throughout the entire crypto industry. Most importantly, it raises immediate...

Airport Bitcoin Heist! LAPD Busts Ring, But Who's REALLY Paying?

Airport Bitcoin Heist! LAPD Busts Ring, But Who's REALLY Paying?

LAPD executes Bitcoin mining rig heist bust at LAX. Bravo! $2.7 million recovered, arrests made. This is about more than just a cool piece of technology going offline. It’s a manifestation of a deeper, more nefarious issue – one that you’re likely paying for.Crypto Crime Affects EveryoneNot sure how this...

LAPD's Bitcoin Heist Recovery Exposes a Deeper Crypto Security Flaw

LAPD's Bitcoin Heist Recovery Exposes a Deeper Crypto Security Flaw

The LAPD recently seized $2.7 million in stolen Bitcoin mining equipment from LAX. They detained two suspected gun runners affiliated with a South American crime syndicate—the highest value take down in law enforcement’s ongoing war against illegal arms trading. It's not. While I commend the LAPD's efforts, this incident shines...

LAPD Busts Alleged Crime Ring, Recovers $579K in Bitcoin Mining Rigs

LAPD Busts Alleged Crime Ring, Recovers $579K in Bitcoin Mining Rigs

And that’s why evidence has the powerful ability to catch and bring two LAPD suspects to justice. Specifically, they are suspected to be major players in a South American crime network that steals and resells high-value items, including Bitcoin mining equipment. On April 22, authorities arrested the suspects and seized...

LAPD Nabs Two Suspects in Connection to $3.9 Million Cargo Theft Ring

LAPD Nabs Two Suspects in Connection to $3.9 Million Cargo Theft Ring

Cargo theft is on the rise, and to combat this problem, the Los Angeles Police Department (LAPD) recently arrested two men for a grand cargo theft scheme. They arrested Oscar David Borrero-Manchola, 41, and Yonaiker Rafael Martinez-Ramos, 26. Authorities performed the arrests as part of an investigation into the theft,...