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LAPD Investigates Theft of $579,000 Worth of Bitcoin Miners, Suspect Released

The Los Angeles Police Department (LAPD) has initiated an investigation into the theft of approximately $579,000 worth of specialized bitcoin mining equipment. According to LAPD reports, a 26-year-old individual was apprehended and charged in connection with the theft. The suspect, identified as Bryan Thola of Canyon Country, Santa Clarita, California, was reportedly found in possession of the stolen application-specific integrated circuit (ASIC) bitcoin miners.



Reports indicate that Thola was subsequently released from custody. LAPD officials have confirmed that the investigation remains ongoing.


This incident marks another instance where the LAPD has encountered cases involving the theft of bitcoin mining rigs. Earlier in March, the LAPD's Commercial Crimes Division’s Cargo Theft Unit (CTU) arrested three individuals accused of stealing bitcoin miners valued at $6.9 million.


In their statement released on July 1, 2024, LAPD urged the public to provide any relevant information that could assist in the investigation. Anyone with details pertinent to the case is encouraged to contact the LAPD Commercial Crimes Division at (213) 486-5920.


Source: LATIIMES



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