[Ningbo Customs Cracks Down on Cryptocurrency Mining Machine Smuggling Case, Seizes Over 400 Units Including Antminer L9] According to *Zhejiang Daily*, the Ningbo Customs Anti-Smuggling Bureau recently dismantled several criminal groups involved in smuggling cryptocurrency mining machines, seizing over 400 illegally imported mining machines, including brands such as Antminer L9 and IceRiver KS3. Investigations revealed that the smuggling groups sought to gain illegal profits by purchasing mining machines from overseas suppliers, disassembling the machines, and falsely declaring their product names to smuggle them into the country through international courier channels via ports in Ningbo, Guangzhou, and other locations. After the goods entered the country, the groups reassembled the machines and either sold them domestically or transported them to concealed "mining farms" in regions such as Xinjiang and Hunan for illegal cryptocurrency mining activities. Additionally, they used virtual currencies like USDT for cross-border payment settlements to evade financial supervision.