Zhejiang Customs in China cracked multiple cryptocurrency mining machine smuggling cases, seizing over 400 mining machines.
According to Zhejiang Daily, Ningbo Customs Anti-Smuggling Bureau in Zhejiang Province, China recently cracked multiple cases involving the smuggling of virtual currency mining rigs, dismantled several criminal gangs, and seized over 400 mining rigs, including Antminer L9 and Binghe KS3 models.
The report states that the involved gangs disassembled the mining rigs and falsely declared them as “industrial circuit breakers” and other items, smuggling them into China via international express channels through ports such as Ningbo and Guangzhou. The rigs were then reassembled and sold domestically or shipped to mining farms in regions including Xinjiang and Hunan for hosted mining operations.
Investigators noted that the gangs also used USDT for cross-border payment settlements to circumvent financial supervision.