US EditionUS Justice Department accuses two Chinese men of trying to smuggle Nvidia chips
Two men allegedly used shell companies and falsified documents to smuggle over $160 million in Nvidia AI chips to China, threatening U.S. national security, prosecutors said.
- On Dec 8, the United States Justice Department charged Fanyue Gong and Benlin Yuan with illegally smuggling Nvidia H100 and H200 chips to China, reporting both men in custody.
- Prosecutors say the operation has run since November 2023 and Alan Hao Hsu and his company received more than $50 million last month to fund the scheme.
- Using straw buyers, the suspects misrepresented recipients as U.S. or third-country customers like Taiwan and Thailand, routing shipments to U.S. warehouses where labels were removed and fake company labels affixed.
42 Articles
42 Articles
2 Chinese Nationals Detained Over Alleged Scheme to Smuggle Nvidia AI Chips to China - The Thinking Conservative News
ederal prosecutors busted a Chinese smuggling ring trying to send advanced Nvidia chips to China, violating U.S. export control laws. The post 2 Chinese Nationals Detained Over Alleged Scheme to Smuggle Nvidia AI Chips to China appeared first on The Thinking Conservative News.
2 Chinese Nationals Detained Over Alleged Scheme to Smuggle Nvidia AI Chips to China
Federal prosecutors have shut down a Chinese smuggling network that allegedly attempted to ship advanced Nvidia chips to China, in violation of U.S. export control laws, the Department of Justice (DOJ) announced on Dec. 8. Gong Fanyue, 43, a Chinese citizen and New York-based tech company owner, was arrested in New York on Dec. 3. Yuan Benlin, 58, a Canadian citizen from China and the chief executive of a Virginia-based information technology (I…
The US shut down a chip-smuggling ring that swapped Nvidia labels with a fake company name
Two men were arrested for smuggling $160 million worth of Nvidia AI chips to China using fake labels, shell companies, and covert shipping routes, prosecutors say.Li Hongbo/VCG via Getty ImagesThe US charged two men in connection with an operation to smuggle Nvidia AI chips to China.The DOJ said the group relabeled Nvidia chips as "SANDKYAN" to evade US export controls.The arrests follow a wider probe that seized $50 million in smuggled GPUs and…
The Mercury news
siliconvalley.comUS detains two men accused of smuggling $160 million worth of Nvidia AI gear to China
The department alleges the men operated a smuggling network that spanned the Houston business, run by Alan Hao Hsu, and several warehouses across the US.
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