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Return of Stolen Bitcoin Miners: LAPD Reports on a Major Operation

Return of Stolen Bitcoin Miners: LAPD Reports on a Major Operation

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by Giorgi Kostiuk

19 days ago


The Los Angeles Police Department reported the arrest of two suspects involved in the theft of Bitcoin mining machines worth $2.7 million, allegedly linked to a criminal gang.

Arrest of Suspects

On April 22, the LAPD announced the arrests of Oscar David Borrero-Manchola and Yonaiker Rafael Martinez-Ramos, who are said to be 'prominent members' of a South American crime ring. They were apprehended in connection with the theft that occurred at Los Angeles International Airport.

Recovered Stolen Goods

Searches of storage units in the San Fernando Valley uncovered $4 million worth of stolen goods, including the Bitcoin mining rigs that were taken just as the shipment was about to be loaded onto a flight to Hong Kong. Other seized items included tequila, clothing, and even pet food.

Background of the Theft and Its Consequences

Following the arrest, Borrero-Manchola was cited for receiving stolen property and released, while Martinez-Ramos was taken into custody on a no-bail warrant. The LAPD stated that the investigation is ongoing, with potential for further arrests.

The investigation remains ongoing, and additional arrests may follow.LAPD

The recovery of significant amounts of stolen goods illustrates law enforcement's active efforts against organized crime. The issue of Bitcoin mining rig thefts remains pertinent as similar incidents have occurred previously.

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