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Texas brothers plead guilty to armed extortion scheme involving over $8 million in cryptocurrency, each faces up to 20 years in prison

2026-06-19 11:56

Odaily reported that two brothers from Texas, Isiah Angelo Garcia (25) and Raymond Christian Garcia (24), have pleaded guilty to participating in an armed home invasion robbery involving over $8 million in crypto assets. According to prosecutors, the two held a family hostage for 8 hours and forced the homeowner to log into their cryptocurrency account and transfer funds. They have now pleaded guilty in federal court in Minneapolis to "interference with commerce by robbery," with each facing a maximum sentence of 20 years in prison and required to pay restitution of over $8 million. (Decrypt)