Odaily Planet Daily News: According to local media reports, Argentine tax officials and naval security officials have stated that they have thwarted a major Bitcoin mining machine "smuggling" gang. The Argentine Naval Prefecture and the national tax authority AFIP conducted multiple raids as part of a joint 'large-scale operation'. The police said that after conducting raids on six residential areas in two cities, four people were arrested, including two men and two women. The above-mentioned institutions have confirmed that all four individuals have been formally charged with smuggling and money laundering. Officials have stated that criminal gangs have smuggled "hundreds" of "high-end smartphones, graphics cards, and cryptocurrency mining components" into the country, and used "cryptocurrency investments" to launder money and conceal profits from authorities. According to Argentine law, only licensed companies are allowed to import specialized cryptocurrency mining equipment. The police also released photos of armed individuals standing in front of a clothing store, indicating that the group may have used a small shop as a cover and a temporary warehouse to store illegal cryptocurrency mining machines. (Cryptonews)