The LAPD has recently recovered over $3.9 million in stolen goods, including Bitcoin miners valued at $2.7 million, following their investigation into a cargo theft ring in San Pedro, CA. Working alongside various law enforcement agencies, the LAPD arrested two suspects, Oscar David Borrero-Manchola and Yonaiker Rafael Martinez-Ramos, who are considered key figures in a South American crime syndicate involved in cargo theft in the Los Angeles area. In addition to the Bitcoin miners, other stolen items included tequila, clothing, and pet food, with some goods specifically noted to be destined for Hong Kong. The LAPD emphasized the importance of collaboration among law enforcement agencies to combat cargo theft effectively, and the investigation remains ongoing as they anticipate further arrests. This incident is part of an increasing trend of stolen Bitcoin mining equipment being recovered by law enforcement across the U.S., illustrating the ongoing criminal interest in cryptocurrency-related hardware.

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