Two brothers in the U.S. arrested for kidnapping and extorting $8 million in cryptocurrency

ChainCatcher news, a major cryptocurrency ransom case occurred in Minnesota.

23-year-old Raymond Garcia and 24-year-old Isiah Garcia, brothers, kidnapped a family of three at gunpoint on September 19, forcing the victims to transfer $8 million worth of cryptocurrency. The two suspects were arrested in Texas on September 22 and are currently facing multiple charges including kidnapping, first-degree robbery, and burglary by federal prosecutors.