The Los Angeles Police Department (LAPD) announced on Tuesday the arrest of a 27-year-old Canyon Country man suspected of stealing Bitcoin mining computers valued at approximately $579,000.
The Los Angeles Police Department (LAPD) announced Tuesday the arrest of a 27-year-old Canyon Country man suspected of stealing Bitcoin mining computers valued at approximately $579,000.
The suspect, identified as Bryan Thola, was taken into custody last Thursday after authorities discovered the allegedly stolen equipment in his cargo van and a public storage unit, according to the LAPD.
Thola was booked into the Van Nuys Jail and released on his own recognizance the following day, the LAPD news release stated.
The seized computers are devices used in the Bitcoin mining process, which involves verifying transactions and recording them on the cryptocurrency’s blockchain.
The LAPD’s Commercial Crimes Division is leading the ongoing investigation. The department has not disclosed how they initially became aware of the stolen equipment.
Authorities have released photographs showing the recovered computers stacked inside a van and storage unit.
The LAPD is requesting public assistance in the case. Anyone with relevant information is urged to contact the Commercial Crimes Division at 213-485-3367 or use anonymous reporting options such as LA Crime Stoppers at 800-222-8477.
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