Texas Brothers Admit to Gunpoint Kidnapping of Minnesota Family, Forcing Transfer of Over $8 Million in Cryptocurrency
BlockBeats News, June 19th - In Waller, Texas, USA, two brothers, Isiah Angelo Garcia and Raymond Christian Garcia, admitted to committing an armed kidnapping. On September 19, 2025, the two broke into a home in Grant, Minnesota, where they used a gun to threaten and tie up the family for over 8 hours. They forced the father to transfer over $8 million from his cryptocurrency account and compelled him to go to a northern cabin to retrieve more storage devices. After the victims' son called the police, the two escaped but were later arrested in the Houston area. Recently, in a Minneapolis federal court, the brothers pleaded guilty to "interference with commerce by means of robbery." Each faces a maximum of 20 years in prison and has agreed to compensate over $8 million. The sentencing date is yet to be determined.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Elon Musk changes his stance! Tesla (TSLA.US) delays Cybertruck production halt to late summer 2027, just two days after suggesting “refund deposits”
Elon Musk stated that Cybertruck production will be extended until late summer 2027 to clear the order backlog, and Tesla's stock price rose by about 4%.
Japanese dovish policymaker urges "slow down": Price increases are not driven by demand, rate hikes may drag down the economy and inflation
Toichiro Asada, a member of the Bank of Japan's Policy Board, stated that the central bank needs to remain cautious and closely monitor the impact of rate hikes on the economy, as rising interest rates pose the risk of suppressing the inflation trend.
Don't Be Misled by "Instant Purchase, Instant Access": Pro Series Zero Wait Has Been the Norm for Years, UBS Maintains Apple (AAPL.US) Target Price at $340
The waiting time for iPhone 18 Pro is approaching zero, and Duo deliveries are scheduled until the end of January. UBS maintains its forecast for iPhone revenue in the December quarter at $95.1 billions, representing a year-on-year increase of 11.5%.
Crypto prices
More
