Two brothers accused of kidnapping a Minnesota family at gunpoint last year to steal $8 million in cryptocurrency have pleaded guilty in connection with the armed robbery.
Isiah Angelo Garcia and Raymond Christian Garcia on Thursday he came in He pleads guilty to interfering with commerce by robbery and faces a maximum of 20 years in federal prison, according to the U.S. Attorney’s Office for the District of Minnesota.
“The guilty pleas entered today reflect our commitment to holding defendants accountable for the choices they make,” said U.S. Attorney Daniel Rosen.
Global attacks using cryptographic keys have increased in recent years. In February, CertiK said the number of cryptocurrency-related attacks and hijackings increased by 75% in 2025 compared to the previous year. Estimated losses in the first four months of 2026, such attacks have already reached $101 million.
The Garcia brothers steal cryptocurrency worth $8 million
Prosecutors he said On September 19, 2025, two brothers traveled from Texas to Minnesota to hold the victim and his family at gunpoint, forcing him to transfer cryptocurrency from his online accounts and hardware wallets.
The attempt resulted in the victim’s wife and son being held for nine hours in the family home, while the victim was taken to the family cottage about three hours away and ultimately forced to transfer $8 million in cryptocurrency.
Isiah Angelo Garcia (left) and Raymond Christian Garcia (right). Source: Waller County, Texas, Sheriff’s Office
Police were notified of the kidnapping when the victim’s son was able to make an emergency call, which was answered by Washington County sheriff’s deputies. Officers later found a rifle and a shotgun, which, along with surveillance footage and other evidence, linked the brothers to the burglary.
Cryptocurrency attackers plead guilty
In their guilty pleas, both defendants admitted using firearms to intimidate the victims in order to rob them. They agreed to pay more than $8 million in damages. The trial date for the verdict has not yet been set.
The latest achievement is a victory for US prosecutors in the global fight against criminals who target cryptocurrency owners.
Related: The accused attackers of the Sandbox executive’s wife tried to escape via Uber
In May, U.S. authorities unsealed an indictment against three men accused of stealing at least $6.5 million in a “brutal robbery targeting cryptocurrency owners.”
The three accused allegedly participated in the attacks posing as delivery drivers break into homes and apply violence to extract cryptocurrency from their victims.
The rise in global attacks has drawn attention French government.
During April’s Blockchain Week in Paris, Jean-Didier Berger, minister delegate to the French Interior Minister, said his office had taken “preventive measures” against attacks using cryptographic keys, including launching a prevention platform that attracted thousands of registrations.
Warehouse: End of anon? Artificial intelligence can unmask the hidden identity of cryptocurrencies
