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Argentinian Customs Officials Seize 342 Crypto Mining Rigs

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Argentinian Customs Officials Seize 342 Crypto Mining Rigs
Source: Mongkolchon/Adobe

Customs officers in Argentina have seized a haul of 342 crypto mining rigs because the nation continues its current crackdown on unlawful miners.

The state information company Télam reported that swoop was carried out by the General Directorate of Customs (DGA) and the nation’s tax physique, the Federal Administration of Public Revenues (AFIP).

The rigs have been hidden in 14 transport containers set to be unloaded on the Port of Buenos Aires, and had been hid amongst a spread of varied gadgets, together with pepper spray containers, beauty gadgets, sun shades, youngsters’s toys, online game consoles controllers, electrical cattle prods, and cellphone equipment, officers defined.

Many of the seized gadgets, together with the rigs, have been described as contraband, and the officers acknowledged that the gear and different illegally imported gadgets had a complete market worth of $5.6 million.

Importing crypto mining rigs shouldn’t be unlawful in Argentina, however each miners and importers are legally obliged to declare their purchases and pay taxes on the import of rigs.

The nation’s finance minister, Sergio Massa, was current because the AFIP and DGA exhibited their haul on the port. He defined that Argentine legal guidelines additionally “prohibit imports” in sure sectors, so as to “protect national industrial interests.”

Argentinian Customs Officials Seize 342 Crypto Mining Rigs
Economy minister Sergio Massa inspects a number of the seized items. (Source: Ministerio de Economía, Argentina)

Also in attendance was Carlos Castagneto, the top of the AFIP. He promised to proceed the company’s current crackdown – which has seen it shut down crypto miners throughout the nation.

Castagneto was quoted as stating:

“For us there are no Saturdays or Sundays: We want an AFIP that works everywhere.”

Customs officers, in the meantime, claimed that they’d “continue to put a stop to everything that threatens the transparency of international trade.”

Argentina: Crypto Mining Crackdown Continues to Gather Pace

The AFIP has taken to the warpath for unlawful crypto miners since Castagneto took management in August this 12 months. Since then, the physique claims to have “dismantled” a spread of crypto mining operations within the provinces of Córdoba, La Plata, Santa Fe, and Mar del Plata.

Earlier this month, AFIP raids in Córdoba reportedly noticed the company seize “57 mining rigs and 342 video cards with a market value of $420,000.” 

Compiled by Coinbold

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