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Texas brothers admit holding Twin Cities family captive at gunpoint, robbing them of $8M in cryptocurrency

Two Texas brothers pleaded guilty to an $8 million cryptocurrency robbery involving holding a family at gunpoint.

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The brief

Two brothers from Texas have pleaded guilty to federal charges regarding a high-value cryptocurrency theft in Minnesota. The defendants admitted to holding a family from the Twin Cities area captive at gunpoint to facilitate the robbery. Coverage from local outlets such as FOX 9 Minneapolis-St.

Paul, Star Tribune, KARE 11, and Bring Me The News confirms the $8 million theft occurred in Washington County. The Block and KNSI also reported on the admissions of guilt. Reports indicate the brothers face a potential prison sentence of up to 20 years.

Coverage does not yet specify the exact sentencing dates or how much of the stolen funds have been recovered.

Synthesized by PULSE from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 43d ago.

Quick answers

What did the Texas brothers admit to?

They admitted to holding a Twin Cities family captive at gunpoint to steal $8 million in cryptocurrency.

Where did the crime take place?

The robbery occurred in Minnesota, specifically identified as Washington County and the Twin Cities area.

is the potential sentence for the brothers?

The Block reports that the brothers face up to 20 years in prison.

Coverage (7)

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