Skip to content
September 26, 2025Cryptopolitan logoCryptopolitan

Two brothers kidnapped a Minnesota family at gunpoint and stole $8 million in cryptocurrency

Two brothers from Texas have been arrested after a Minnesota family was kidnapped at gunpoint and forced to transfer $8 million in ￰0￱ said the ordeal lasted nine hours before law enforcement intervened and the suspects fled the ￰1￱ hold the family at gunpoint Prosecutors identified the men as Raymond Christian Garcia, 23, and Isiah Angelo Garcia, ￰2￱ brothers are from Waller, ￰3￱ said they traveled to Minnesota and carried out the ￰4￱ brothers confronted the father of a family outside his home in Grant, ￰5￱ was taking out the trash when the criminals appeared with an AR-15-style rifle and a ￰6￱ zip-tied his hands and forced him back ￰7￱ the home, the suspects woke the man’s wife and adult ￰8￱ were tied up and held at ￰9￱ say that Raymond kept watch over them while Isiah focused on transferring cryptocurrency from the father’s ￰10￱ say the brothers demanded access to digital wallets and forced large transfers into their own ￰11￱ also made repeated phone calls to an unidentified third person who appeared to guide the ￰12￱ victim told them more funds were stored on a hardware wallet at a family cabin nearly three hours ￰13￱ then drove the father to the cabin while carrying the shotgun.

There, the victim was forced to move the remaining ￰14￱ this time, Raymond stayed in the family home, holding the wife and son hostage with the ￰15￱ estimate the suspects stole a total of $8 million in cryptocurrency. A criminal flees after seeing the policemen After hours, the son managed to call 911 when Raymond stepped outside the ￰16￱ police arrived within minutes, and they found the wife and son restrained inside the ￰17￱ saw Raymond fleeing out the back ￰18￱ police found a suitcase hidden in a tree line after searching the ￰19￱ found a disassembled AR-15 rifle, ammunition, clothes, and ￰20￱ the same time, Isiah was driving back with the ￰21￱ emergency vehicles passed them on the road ￰22￱ later abandoned the shotgun near a middle school parking ￰23￱ situation forced the school to cancel its homecoming football game for ￰24￱ connected the brothers to the crime using receipts and surveillance.

A Wendy’s receipt from the suitcase showed that Isiah had rented a car in Houston days ￰25￱ footage confirmed Raymond had rented a Motel 6 room in Roseville, Minnesota, before the ￰26￱ car used in the kidnapping was later tracked on traffic ￰27￱ was seen in Oklahoma before returning to Texas a day ￰28￱ arrest the brothers Law enforcement arrested the brothers in Waller, ￰29￱ say Isiah confessed after being taken into ￰30￱ admitted that he and his brother traveled to Minnesota, tied up the family, and forced the crypto ￰31￱ prosecutors filed state charges, including kidnapping with a firearm, aggravated robbery, and burglary. Moreover, federal prosecutors filed additional kidnapping ￰32￱ brothers are awaiting their first federal court appearance, and prosecutors will seek detention until ￰33￱ said the investigation is ￰34￱ are still trying to identify the third person who allegedly guided the transfers by ￰35￱ up to $30,050 in trading rewards when you join Bybit today

Cryptopolitan logo
Cryptopolitan

Latest news and analysis from Cryptopolitan

Armando Pantoja: $10,000 XRP Is Already Inevitable. Here’s Why

Armando Pantoja: $10,000 XRP Is Already Inevitable. Here’s Why

The idea of a $10,000 XRP sounds outrageous to many . Yet, every groundbreaking financial shift once faced disbelief. As the digital economy matures, XRP’s unique positioning within the payments secto...

TimesTabloid logoTimesTabloid
1 min
CZ rejects golden statue project, calls linked meme coin a ‘quick buck’ scheme

CZ rejects golden statue project, calls linked meme coin a ‘quick buck’ scheme

Changpeng Zhao (CZ), the founder of Binance, recently took to X, formerly Twitter, to address a fan-funded golden statue project marketed as a way to honor him. He firmly rejected any association, cit...

Cryptopolitan logoCryptopolitan
1 min
Senators Warren and Sanders Caution on Cryptocurrency Risks in Retirement Plans

Senators Warren and Sanders Caution on Cryptocurrency Risks in Retirement Plans

President Trump’s August executive order eases restrictions on including cryptocurrency and private equity in 401(k) retirement plans, drawing criticism from Senators Elizabeth Warren and Bernie Sande...

CoinOtag logoCoinOtag
1 min