Two California teenagers are facing multiple felony charges after authorities say they traveled more than 600 miles to carry out a violent home invasion aimed at stealing cryptocurrency valued at $66 million. The incident highlights growing concerns around physical attacks targeting digital asset holders.
Alleged Home Invasion Disguised as Delivery
According to court records, the suspects — aged 16 and 17 — arrived at a residence in Scottsdale, Arizona, on January 31 wearing delivery-style uniforms to appear legitimate. Investigators say they forced their way into the home, restrained two adults using duct tape and zip ties, and demanded access to cryptocurrency. When one victim denied possessing digital assets, the situation reportedly escalated into further violence.
Police responded after a third family member inside the home contacted emergency services. The teens fled in a vehicle but were arrested shortly afterward. Officers recovered disguises, restraints, and a 3D-printed firearm at the scene.
Encrypted Messaging and Alleged Recruitment
During questioning, one suspect claimed they were recruited and pressured through an encrypted messaging app by individuals using online aliases. These contacts allegedly supplied the target address and provided funds to purchase supplies.
Both teens are being tried as adults and face charges including kidnapping, aggravated assault, and burglary. One suspect also faces an additional charge related to fleeing law enforcement.
Rising Concern Over Crypto-Related Violence
The case adds to a growing number of so-called “wrench attacks,” where criminals use physical force to obtain digital assets. Security experts warn that as cryptocurrency adoption grows, so does the risk of real-world violence tied to leaked personal data and targeted extortion.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.