[Zhejiang Customs Cracks Down on Crypto Mining Machine Smuggling Case, Seizes Over 400 Mining Machines] According to a report by Jinse Finance, on May 17, the Ningbo Customs Anti-Smuggling Bureau in Zhejiang recently uncovered multiple cases of smuggling virtual currency mining machines, dismantling several criminal groups and seizing over 400 mining machines, including models such as Antminer L9 and IceRiver KS3. The criminal groups involved disassembled the mining machines and falsely declared them as 'industrial blockers' or other items. They smuggled them into the country through international courier channels via ports such as Ningbo and Guangzhou. The machines were then reassembled and either sold domestically or transported to mining farms in regions like Xinjiang and Hunan for hosting and mining operations. Investigators stated that the groups also used USDT for cross-border payment settlements to evade financial regulations.