Crypto Times Logo Black
Google News Follow Banner
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • DeFi News
    • Blockchain News
    • Industry
  • Exclusive
    ExclusiveShow More
    GENIUS Act Scorecard What US Regulators Have Done So Far
    GENIUS Act Scorecard: What US Regulators Have Actually Delivered
    The Final 30 Days Will America Get Its GENIUS Act Stablecoin Rulebook
    The Final 30 Days: Will America Get Its GENIUS Act Stablecoin Rulebook?
    Telegram Ban India Crypto, TON & Durov's Attack on Reliance
    Telegram Ban in India: Crypto, TON & Durov’s Attack on Reliance
    Hormuz Peace Dividend How the US-Iran Deal Fuels Dubai RWAs & Not Tehran
    Hormuz Peace Dividend: How the US-Iran Deal Fuels Dubai RWAs & Not Tehran
    Kevin Warsh's First FOMC What It Means for Bitcoin and Crypto
    Bitcoin and the ‘Fed Chair Curse’: What Kevin Warsh’s First FOMC Means for Crypto
  • Opinion
    OpinionShow More
    The Arthur Hayes Paradox Macro Prophet or Market Opportunist
    The Arthur Hayes Paradox: Macro Prophet or Market Opportunist?
    RBI Denies Gold Sale Amid Oil Crisis: Could It Speed Up India's Digital Rupee Push?
    RBI Denies Gold Sale Amid Oil Crisis: Could It Speed Up India’s Digital Rupee Push?
    The CLARITY Act War Starts Jamie Dimon Vs Armstrong
    The CLARITY Act War Starts: Jamie Dimon Vs Armstrong
    Is Crypto Dying, or Is Pump.fun Turning It Into an Attention Casino
    Is Crypto Dying, or Is Pump.fun Turning It Into an Attention Casino?
    CoinSwitch on TMKOC India Saw a ₹100 Crypto Pitch, But Not the Risks Behind It_
    CoinSwitch on TMKOC: India Saw a ₹100 Crypto Pitch, But Not the Risks Behind It
  • Learn
    • Explained
    • How To
    • Insights
  • Videos
  • More
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
The Crypto TimesThe Crypto Times
  • All News
  • Market
  • Bitcoin
  • Ethereum
  • Altcoins
  • Regulations & Policies
  • Blockchain
  • DeFi
  • Industry
  • Exclusive
  • Opinion
Search
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • Blockchain
    • DeFi
    • Industry
    • Exclusive
    • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • Quick Links
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
    • AI Policy
    • Sponsored & Advertorial Policy
  • Podcasts
Follow US
© 2026 By Crypto Times. All Rights Reserved.
Bitcoin News

LAPD Arrests Suspect in $579K Bitcoin Mining Equipment Theft

Written By:
Iyiola Adrian

Last updated: July 3, 2024 4:18 PM
Published 2024-07-03
Share
LAPD Arrests Suspect in $579K Bitcoin Mining Equipment Theft

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 suspect, 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 news release, Thola was booked into the Van Nuys Jail and released on his own recognizance the following day.

The seized computers are devices used in the Bitcoin mining process, which involves verifying transactions and recording them on the cryptocurrency’s blockchain. 

However, 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. Urging anyone with relevant information to contact the Commercial Crimes Division or use anonymous reporting options such as LA Crime Stoppers.

Also Read: Seven Biggest Hacking Attempts of 2024 in Crypto

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

Follow The Crypto Times on Google News to Stay Updated!      Google News
Google News Banner

TAGGED:Bitcoin (BTC)Bitcoin Mining
Share This Article
Whatsapp Whatsapp LinkedIn Telegram Copy Link
Iyiola - Crypto Journalist at The Crypto Times
By Iyiola Adrian
Follow:
Iyiola is an experienced crypto writer specializing in simplifying complex blockchain and cryptocurrency topics for a broad audience. With expertise in ICOs, DeFi, NFTs, and regulatory updates, he offers valuable insights to help readers make informed decisions.

Latest News

Bankers Press Senate on Stablecoin Yield Ahead of CLARITY Act Vote
Bankers Press Senate on Stablecoin Yield Ahead of CLARITY Act Vote
Base GitHub Changes Spark Debate Over Airdrop or Developer Demo
Base GitHub Changes Spark Debate Over Airdrop or Developer Demo
Bitcoin Whale Dumps 800 BTC After 7 Months, Realizes $35M Loss
Bitcoin Whale Dumps 800 BTC After 7 Months, Realizes $35M Loss
Schwab Joins Prediction Market Race With New Event Contracts
Schwab Joins Prediction Market Race With New Event Contracts
Arthur Hayes Sells 6,000 ETH at Loss as Ethereum Trades Sideways
Arthur Hayes Sells 6,000 ETH at Loss as Ethereum Trades Sideways

Find Us on Socials

You may also like

Will Strategy Sell More Bitcoin to Plug the STRC Dividend Gap?

Will Strategy Sell More Bitcoin to Plug the STRC Dividend Gap?

Franklin Templeton Files for Innovative ETFs to Reinvest Stock Dividends into Bitcoin

Franklin Templeton Files for Innovative ETFs to Reinvest Stock Dividends into Bitcoin

Bitcoin Options Market Cools, but Traders Still Hedge for Downside

Bitcoin Options Market Cools, but Traders Still Hedge for Downside

Inside the Bitcoin Digital Credits Crash: What Happened to Strategy’s STRC and Strive’s SATA?

Inside the Bitcoin Digital Credits Crash: What Happened to Strategy’s STRC and Strive’s SATA?

The Crypto Times Logo PNG

Providing real-time, accurate Crypto reporting. Your trusted source for Crypto News and Research.

Stay Updated

All News
Exclusive
Opinions
Learn
Videos

Company

About Us
Our Authors
Editorial Policy
AI Policy
Advertorial Policy

Get In Touch

Contact Us
Career

Find Us on Socials

X-twitter Linkedin Telegram Youtube Instagram

© 2026 The Crypto Times | A BITROCK TECHNOLOGIES L.L.C. Company.

DMCA.com Protection Status
  • Terms and Conditions
  • Disclaimer
  • Privacy Policy
  • Cookie policy
Do Not Sell or Share My Personal Information