← Back to KHAO

California · Nvidia · China · Federal Reserve (FED) · Singapore ·

According to prosecutors, the alleged scheme ran between 2023 and 2024

2 min read

Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.

◌ Single Source

California man arrested over alleged $300 million Nvidia AI chip smuggling scheme to China.

Shipping those servers to China legally would have required an export license from the US Commerce Department.

Key facts

Summary

Federal prosecutors say Earthmade Computer owner Greg Lui routed export-controlled GPU servers through Malaysia and Singapore using falsified paperwork. Federal prosecutors in Los Angeles have arrested a California business owner accused of moving more than $300 million worth of export-controlled AI hardware to buyers in China. Greg Lui, 38, also known as Yiu Kong Lui, was taken into custody on October 1, 2026. The case matters because it lands in the middle of a broader US push to keep advanced computing technology out of China. According to prosecutors, the alleged scheme ran between 2023 and 2024.

Read full article at Crypto Briefing →

#California #Nvidia #China #Federal Reserve (FED) #Singapore