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The Los Angeles Police Department (LAPD) successfully recovered $7 million worth of stolen Bitcoin mining ASICs and arrested three individuals in connection with the theft. The suspects, identified as 47-year-old Vardan Vardanyan, 36-year-old Vagarshak Vardanyan, and 34-year-old Samvel Pilovan, were apprehended as part of an operation led by the LAPD. This case marks a significant crackdown on cryptocurrency-related crimes, highlighting the increasing efforts of law enforcement agencies to combat the theft of valuable digital assets. The recovery and arrests were part of a broader initiative by the LA County Sheriff’s Department's organized retail theft crime task force, which has been actively targeting operations involving the illegal trade of stolen goods.
'The house and a safety deposit box yielded more than 61,000 bitcoin, one of the largest sums of bitcoin ever seized by law enforcement, anywhere.' What were two Chinese women doing in a London mansion with an astronomical amount of cryptocurrency? https://t.co/dKAfjy2Y8W
LA County Sheriff’s Department's organized retail theft crime task force conducts major fencing bust https://t.co/oh2P0lygPX
NEW: The Los Angeles Police Department has arrested 3 individuals connected to the theft of $7 million worth of #Bitcoin mining ASICs. 😱 The 3 suspects were identified as 47-year-old Vardan Vardanyan, 36-year-old Vagarshak Vardanyan and 34-year-old Samvel Pilovan. https://t.co/qnOzB7WrcF
