US Customs has started releasing seized crypto miners: Report
Thousands of crypto miners have started to move out from various US ports of entry after months of delay.
US Customs and Border Protection (CBP) authorities have reportedly started releasing Chinese-made crypto miners after months of being held up at ports of entry across the United States.
“Thousands of units have been released” after as many as 10,000 miners were seized at various ports of entry, Taras Kulyk, CEO of crypto mining manufacturer firm Synteq Digital, told Reuters.
Bitcoin mining infrastructure firm Luxor Technology chief operating officer Ethan Vera also told Reuters that “some held shipments are being released, but right now that is still a minority of them.”
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