law enforcement

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...

Tequila & Bitcoin Rigs: Inside a $4M Cargo Heist

Tequila & Bitcoin Rigs: Inside a $4M Cargo Heist

The landscape of cargo theft is quickly changing, and it’s not just about hot TVs and electronics anymore. These days, thieves are raiding a strange cocktail of luxury items including premium tequila and artisanal Bitcoin mining rigs. A recent $4 million cargo heist maybe serves to perfectly illustrate this trend....

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,...