LIVE NEWS
  • Sony WH-1000XM6 vs. Sennheiser Momentum 5: I used both pairs for months, and here’s my pick
  • Hidden geological process offsets carbon emissions from thawing permafrost
  • Chris Mason: All eyes on Downing Street – what does the PM say, and when?
  • How Tennessee built a booming market in ivermectin sales
  • The ThinkPad X1 Carbon Gen 14 solved its biggest weakness, and now it’s genuinely unbeatable
  • Do space-based AI data centers make economic sense?
  • SAP and Google Cloud deploy agentic commerce architecture
  • Fire risk mitigation underpins durable Nature-based Climate Solutions in the Amazon
Prime Reports
  • Home
  • Popular Now
  • Crypto
  • Cybersecurity
  • Economy
  • Geopolitics
  • Global Markets
  • Politics
  • See More
    • Artificial Intelligence
    • Climate Risks
    • Defense
    • Healthcare Innovation
    • Science
    • Technology
    • World
Prime Reports
  • Home
  • Popular Now
  • Crypto
  • Cybersecurity
  • Economy
  • Geopolitics
  • Global Markets
  • Politics
  • Artificial Intelligence
  • Climate Risks
  • Defense
  • Healthcare Innovation
  • Science
  • Technology
  • World
Home»Crypto»Texas Brothers Plead Guilty to $8M Armed Crypto Kidnapping
Crypto

Texas Brothers Plead Guilty to $8M Armed Crypto Kidnapping

primereportsBy primereportsJune 19, 2026No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Texas Brothers Plead Guilty to M Armed Crypto Kidnapping
Share
Facebook Twitter LinkedIn Pinterest Email


In brief

  • Two Texas brothers pleaded guilty Thursday to robbing a Minnesota family of more than $8 million in cryptocurrency during a violent 2025 home invasion.
  • Isiah and Raymond Garcia held the family at gunpoint for more than eight hours and forced the father to transfer the funds, according to the Justice Department.
  • Each faces up to 20 years in prison, in one of the larger U.S. examples of a crypto “wrench attack.”

Two Texas brothers have pleaded guilty to robbing a Minnesota family of more than $8 million in cryptocurrency, after holding them at gunpoint in their own home for hours.

Isiah Angelo Garcia, 25, and Raymond Christian Garcia, 24, both of Waller, Texas, each pleaded guilty Thursday to one count of interference with commerce by robbery, according to a statement released by the Justice Department. They entered the pleas before U.S. District Judge Ann Montgomery in Minneapolis.

The brothers traveled from Texas to Minnesota specifically to carry out the scheme, prosecutors said. On the morning of September 19, 2025, they kidnapped a man and his family at gunpoint inside their home in Grant, a small city outside Minneapolis, demanded access to his cryptocurrency accounts, zip-tied the family, and held them for more than eight hours.

At one point, Isiah Garcia forced the man to travel to the family’s cabin in northern Minnesota to retrieve additional crypto storage devices and move the funds, according to court documents. In all, the brothers forced him to transfer more than $8 million.

The family’s son managed to call 911, and the brothers fled. Investigators used items they left behind at the home to identify them, then tracked them to the Houston area, where they were arrested. Both admitted using firearms to threaten the family.

“No one should ever feel unsafe in their own home,” FBI Minneapolis Special Agent in Charge Christopher Dotson said, pledging that such “violence and greed” would be aggressively investigated. U.S. Attorney Daniel Rosen said the pleas reflected a commitment to holding the brothers “accountable for the choices they made.”

Each faces a maximum of 20 years in federal prison, and the two agreed to pay more than $8 million in restitution. Sentencing dates have not been set.

The brothers were first charged in September, days after an attack that rattled the Grant community and pushed a local high school to cancel a homecoming football game while police hunted the suspects.

Crypto “wrench attacks” on the rise

The case is among a fast-growing wave of so-called “wrench attacks,” in which crypto holders are coerced into handing over their assets using physical force or the threat of violence. Such attacks have multiplied worldwide.

Last year, Remy St. Felix received a 47-year prison sentence following his conviction by a federal jury in North Carolina for leading a violent crypto home-invasion ring—the longest sentence in any U.S. cryptocurrency case. In May, three Tennessee men were indicted over a “brazen” wrench-attack spree in California that allegedly netted $6.5 million at gunpoint.

France has become a particular hotspot, with prosecutors charging 88 people, including minors, across a dozen investigations into kidnappings whose victims included Ledger co-founder David Balland, who was abducted and mutilated before police freed him. Security experts say reported cases are likely an undercount, and have urged holders to keep their wealth out of public view.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleJune 2026 Windows updates break Recycle Bin prompts
Next Article Police charge a third suspect in a Melbourne synagogue arson allegedly directed by Iran
primereports
  • Website

Related Posts

Crypto

Bitcoin Reclaims $63,500 As Traders Watch For Squeeze Toward

June 21, 2026
Crypto

Why Capital Is Flowing Into XRP, SOL, and HYPE Instead of BTC and ETH

June 21, 2026
Crypto

Ethereum’s Jaredfromsubway MEV bot drained after approving its own $7.5M theft

June 21, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Paxton’s win over Cornyn sets up high-stakes Texas clash with Talarico

May 28, 202616 Views

Global Resources Outlook 2024 | UNEP

December 6, 202510 Views

Texas Democrat Talarico claims voting laws are rigged ahead of Paxton race

May 28, 20269 Views
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest Reviews

Subscribe to Updates

Get the latest tech news from FooBar about tech, design and biz.

PrimeReports.org
Independent global news, analysis & insights.

PrimeReports.org brings you in-depth coverage of geopolitics, markets, technology and risk – with context that helps you understand what really matters.

Editorially independent · Opinions are those of the authors and not investment advice.
Facebook X (Twitter) LinkedIn YouTube
Key Sections
  • World
  • Geopolitics
  • Artificial Intelligence
  • Popular Now
  • Cybersecurity
  • Crypto
All Categories
  • Artificial Intelligence
  • Climate Risks
  • Crypto
  • Cybersecurity
  • Defense
  • Economy
  • Geopolitics
  • Global Markets
  • Healthcare Innovation
  • Politics
  • Popular Now
  • Science
  • Technology
  • World
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • DMCA / Copyright Notice
  • Editorial Policy

Sign up for Prime Reports Briefing – essential stories and analysis in your inbox.

By subscribing you agree to our Privacy Policy. You can opt out anytime.
Latest Stories
  • Sony WH-1000XM6 vs. Sennheiser Momentum 5: I used both pairs for months, and here’s my pick
  • Hidden geological process offsets carbon emissions from thawing permafrost
  • Chris Mason: All eyes on Downing Street – what does the PM say, and when?
© 2026 PrimeReports.org. All rights reserved.
Privacy Terms Contact

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