Texas brothers involved in kidnapping and theft of $8 million worth of crypto

Jakarta, Pintu News – Two Texas brothers recently faced federal charges after allegedly kidnapping a Minnesota family and stealing $8 million in cryptocurrency. The incident has drawn national attention amid a rise in crimes involving digital assets.

Crime Details: Hostage and Crypto Transfer

Raymond Christian Garcia (23) and Isiah Angelo Garcia (24) allegedly held three family members hostage for nine hours in Grant, Minnesota, on September 19. Isiah Garcia forced the family’s father to transfer large crypto holdings into a digital wallet controlled by Raymond Garcia.

In addition, the brothers found additional funds stored on a separate hard drive in a cabin three hours away. One of them escorted the family father with an AR-15 type weapon while the other escorted the crypto transfer from the hard drive.

The family managed to call 911 when they got the chance, which allowed investigators to track the two suspects through CCTV footage, fast food receipts, and car rental records to their residence in Waller, Texas.

Also Read: 5 Big Impacts of US Crypto Regulation: Novogratz Predicts Market Cycles Will Change Forever

Rise in Crypto Crimes by Young People in the US

The incident in Minnesota is not an isolated case. Similar crimes have occurred in different parts of the United States, highlighting the broader security risks of digital assets. This incident has prompted law enforcement to study how these kinds of crimes are designed and executed.

Joseph H. Thompson, Acting U.S. Attorney, emphasized that this violence poses a direct threat to community safety and called for vigilance as crypto-related crime increases across the country. The investigation into additional criminal activity that may be associated with the Garcia brothers is ongoing, where they face federal and state charges, including kidnapping, first-degree robbery, and armed robbery.

Response and Legal Action

Authorities have taken swift steps in response to this incident. Isiah Garcia reportedly admitted his involvement upon his arrest. This arrest shows the quick and effective response from the authorities in the face of growing crypto-crime.

This case also serves as an important example to the public about the importance of digital asset security. The increase in this kind of crime requires close cooperation between the community and law enforcement to prevent similar incidents in the future.

Conclusion

Crimes involving cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and other digital assets are a serious concern in this digital era. This incident reminds all parties to be more careful in securing their digital assets and support law enforcement efforts in fighting crypto crime.

Also Read: 7 Astonishing Facts: Number of Crypto Billionaires to Rise 40% by 2025, Who Benefits?

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Reference

• BeInCrypto. Texas Brothers Face Charges in $8M Crypto Kidnapping. Accessed on September 26, 2025