Key facts
- Two Texas brothers, Isiah and Raymond Garcia, pleaded guilty to federal charges.
- The charges are related to a cryptocurrency kidnapping and robbery.
- The brothers stole over $8 million from a Minnesota family.
- Force and threats were used during the crime.
- The brothers face up to 20 years in federal prison.
- They have agreed to pay restitution to the victims.
Brothers Isiah and Raymond Garcia of Texas have pleaded guilty to federal charges stemming from a violent cryptocurrency kidnapping and robbery. The duo targeted a Minnesota family, ultimately stealing more than $8 million in digital assets. The plea agreement resolves the charges against them, which included armed robbery and kidnapping. The brothers used force and threats during the commission of the crime to extort the cryptocurrency. As part of their guilty plea, Isiah and Raymond Garcia have agreed to pay restitution to the victims to compensate for the significant financial losses incurred. They are now facing a potential sentence of up to 20 years in federal prison. The resolution of the case brings a close to the criminal proceedings against the Garcia brothers for their involvement in this high-value crypto heist.