Close Menu
CatchTheBullCatchTheBull
  • Home
  • Crypto News
  • Bitcoin
  • Altcoin
  • Blockchain
  • Airdrops News
  • NFT News
What's Hot

Sui targets 2027 mainnet rollout for native quantum safe account authentication

August 7, 2026

Ondo Finance Sued as Founder’s Mother Seeks to Oust CEO

August 7, 2026

New Ethereum EIP Proposes Burning Issuance as Staking Nears 50% of ETH Supply

August 7, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
CatchTheBullCatchTheBull
  • Home
  • Crypto News
  • Bitcoin
  • Altcoin
  • Blockchain
  • Airdrops News
  • NFT News
CatchTheBullCatchTheBull
Bitcoin

Armed Crypto Kidnappers Face up to 20 Years After Forcing $8M Digital Asset Transfer

By WebDeskJune 20, 20262 Mins Read
Armed Crypto Kidnappers Face up to 20 Years After Forcing M Digital Asset Transfer
Share
Facebook Twitter LinkedIn Pinterest Email

Key Takeaways

  • A dramatic interstate crypto heist has ended with two Texas brothers admitting their roles in an armed robbery that targeted a Minnesota family.
  • Prosecutors said the victims were zip-tied, held at gunpoint for hours, and forced to hand over access to millions of dollars in cryptocurrency.
  • The brothers agreed to pay more than $8 million in restitution, and each faces up to 20 years in federal prison.

Garcia Brothers Admit Firearms Were Used in Minnesota Crypto Robbery Case

The U.S. Department of Justice (DOJ) and federal prosecutors in Minnesota announced on June 18, 2026, that Isiah Angelo Garcia, 25, and Raymond Christian Garcia, 24, had pleaded guilty in connection with an armed cryptocurrency robbery that targeted a family in Grant, Minnesota. The Waller, Texas, brothers each pleaded guilty to one count of Interference with Commerce by Robbery.

Court records describe a September 19, 2025, home invasion carried out after the brothers traveled from Texas to Minnesota. U.S. District Judge Ann D. Montgomery accepted the pleas in federal court on Thursday, where sentencing hearings will be scheduled later.

The DOJ explained:

“During the offense, the defendants demanded access to the victim’s cryptocurrency accounts, zip-tied Victim 1 and his family, and held the family at gunpoint for over 8 hours.”

Prosecutors said Isiah Garcia, aided and abetted by his brother, took Victim 1 to the family’s cabin in northern Minnesota. The victim was forced to retrieve additional cryptocurrency storage devices and move funds held on those devices.

Family members remained under threat during the robbery, and the victim’s son later called 911. The Garcias fled the area before law enforcement reached the home, where investigators found several items left behind by the defendants.

Restitution Tops $8 Million as Defendants Face up to 20 Years in Prison

Investigators used evidence from the scene to identify the brothers and locate them near Houston, Texas. Both defendants admitted in their pleas that they used firearms to threaten the victims and facilitate the robbery.

Court documents state:

“The Garcia brothers ultimately forced Victim 1 to transfer more than $8 million in cryptocurrency funds in the course of the scheme.”

Restitution agreements require the brothers to pay more than $8 million. Each defendant faces a maximum sentence of 20 years in federal prison under the robbery count.

Credit: Source link

Previous ArticleJapan inflation cools as Polymarket lifts July Fed hold odds to 72.5%
Next Article BOJ deputy warns on inflation as Polymarket puts 2026 Fed hike odds at 66%

Related Posts

Sui targets 2027 mainnet rollout for native quantum safe account authentication

August 7, 2026

Fake XRP Airdrops Spread Online as Foundation Urges Users to Stay Alert

August 7, 2026

Bitcoin price slips below $65K after US jobs data

August 6, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Sui targets 2027 mainnet rollout for native quantum safe account authentication

August 7, 2026

Ondo Finance Sued as Founder’s Mother Seeks to Oust CEO

August 7, 2026

New Ethereum EIP Proposes Burning Issuance as Staking Nears 50% of ETH Supply

August 7, 2026

Subscribe to Updates

Get the latest Crypto, Blockchain and Airdrop News from us to Catch The Bull.

Advertisement Banner

Welcome to CatchTheBull, your trusted source for the latest Crypto News and Airdrops. We bring you real-time updates, expert insights, and opportunities to stay ahead in the crypto world. Discover trending projects, market analyses, and airdrop details all in one place.

Join us on this journey to navigate the ever-evolving blockchain universe!

Facebook X (Twitter) Instagram YouTube
Top Insights

Breez Announces Glow, An Open Source Bitcoin To Stablecoins Progressive Web App

USDC-Priced Gas Is Rewriting Blockchain Fees

The End Of The Closed-Source Era Is At Hand: Obscurity Was Never Security

Get Informed

Subscribe to Updates

Get the latest Crypto, Blockchain and Airdrop News from us to Catch The Bull.

© 2026 CatchTheBull. All Rights Are Reserved.
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$64,326.00-0.80%
  • ethereumEthereum(ETH)$1,901.70-0.40%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$585.88-1.60%
  • usd-coinUSDC(USDC)$1.000.00%
  • rippleXRP(XRP)$1.03-2.30%
  • solanaSolana(SOL)$72.89-1.80%
  • tronTRON(TRX)$0.3266880.30%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.041.50%
  • HyperliquidHyperliquid(HYPE)$55.62-1.30%
  • dogecoinDogecoin(DOGE)$0.069192-1.00%
  • USDSUSDS(USDS)$1.000.00%
  • RainRain(RAIN)$0.012808-0.30%
  • leo-tokenLEO Token(LEO)$9.770.00%
  • zcashZcash(ZEC)$502.39-1.40%
  • cardanoCardano(ADA)$0.2016477.10%
  • moneroMonero(XMR)$370.911.30%
  • whitebitWhiteBIT Coin(WBT)$55.71-0.70%
  • chainlinkChainlink(LINK)$8.180.00%
  • stellarStellar(XLM)$0.161406-0.60%
  • daiDai(DAI)$1.000.00%
  • bitcoin-cashBitcoin Cash(BCH)$215.130.00%
  • USD1USD1(USD1)$1.000.00%
  • Ethena USDeEthena USDe(USDE)$1.000.00%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.34-4.00%
  • litecoinLitecoin(LTC)$45.561.20%
  • Global DollarGlobal Dollar(USDG)$1.000.00%
  • CantonCanton(CC)$0.088092-11.30%
  • hedera-hashgraphHedera(HBAR)$0.068515-0.20%
  • Circle USYCCircle USYC(USYC)$1.130.00%
  • avalanche-2Avalanche(AVAX)$6.41-3.70%
  • paypal-usdPayPal USD(PYUSD)$1.000.00%
  • suiSui(SUI)$0.67-2.20%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • shiba-inuShiba Inu(SHIB)$0.000005-4.50%
  • tether-goldTether Gold(XAUT)$4,264.920.70%
  • crypto-com-chainCronos(CRO)$0.053044-1.50%
  • uniswapUniswap(UNI)$3.98-1.30%
  • nearNEAR Protocol(NEAR)$1.65-5.00%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.14-0.20%
  • pax-goldPAX Gold(PAXG)$4,278.490.70%
  • okbOKB(OKB)$87.992.30%
  • BittensorBittensor(TAO)$192.37-2.20%
  • OndoOndo(ONDO)$0.350235-6.40%
  • World Liberty FinancialWorld Liberty Financial(WLFI)$0.051961-2.20%
  • AsterAster(ASTER)$0.60-0.80%
  • HTX DAOHTX DAO(HTX)$0.0000020.00%
  • Ripple USDRipple USD(RLUSD)$1.000.00%
  • usddUSDD(USDD)$1.000.10%
  • MemeCoreMemeCore(M)$1.17-2.40%