Zhejiang Customs busts a case of cryptocurrency mining rig smuggling, seizing over 400 mining rigs
Svmuu News: The Anti-Smuggling Bureau of Ningbo Customs, Zhejiang, China, recently cracked multiple cases of smuggling virtual currency mining machines, dismantled several criminal gangs, and seized over 400 mining machines including Antminer L9 and IceRiver KS3 models. The gangs involved dismantled the mining machines and falsely declared them as "industrial blockers" and other names, smuggling them through international express channels into ports such as Ningbo and Guangzhou. They then reassembled the machines and sold them domestically or shipped them to mining farms in Xinjiang, Hunan, and other locations for hosted mining. Investigators stated that the related gangs also used USDT for cross-border payment settlements to evade fund supervision.
Source:Odaily · Source Link
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