LAPD Seizes $6.9M in Bitcoin Mining Tech, Arrests Trio

On March 19, 2024, detectives from Commercial Crimes Division’s Cargo Theft Unit (CTU) arrested three suspects for 496 (A) PC: Receiving Stolen Property. All three suspects were booked at 77th Jail.

Suspect 1: 47-year-old Vardan Vardanyan

Suspect 2: 36-year-old Vagarshak Vardanyan

Suspect 3: 34-year-old Samvel Pilovan

A total of 608 Bitcoin Mining Computers valued at $6.9 million were recovered during the arrests.

Public Release. More on this here.