LAPD Seizes Stolen Bitcoin Miners Worth $2.7 Million in Cargo Theft Investigation

Summary

Los Angeles Police Department recovered over $3.9 million in stolen goods, including Bitcoin miners valued at $2.7 million, from a San Pedro warehouse. Detectives arrested Oscar David Borrero-Manchola and Yonaiker Rafael Martinez-Ramos, linked to a South American crime ring involved in cargo theft. Additional recovered items worth $1.2 million included tequila, speakers, and clothing. The Bitcoin miners were destined for Hong Kong. The operation involved collaboration with multiple law enforcement agencies. The investigation is ongoing, with potential for further arrests. This seizure follows other recent recoveries of stolen Bitcoin mining equipment by U.S. law enforcement.