Agents of US investigators arrested a 38 year old Chinese citizen on a charge of bypassing US restrictions on the sale of Nvidia's advanced chips to China . Restrictions were placed in 2022 after government officials decided it was time to put these new rules im place.
The individual, with the help of at least 3 others were setting up the scheme to evade restrictions. Over $4 millions were realized by the the Chinese merchant scammer. He could face decades in prison if convicted. The story includes payments received from Hong Kong to cover the costs.
Obviously, this operation has been in the works for sometime. No surprise here: the Chinese government and the Peoples Liberation Army wants these chips.
What other group is trying to steal US technology? Hmmmm.
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