Texas brothers pleaded guilty to stealing $8 million in cryptocurrency in Minnesota

23.06.2026

Two brothers from Texas have pleaded guilty to a major incident involving the theft of $8 million in cryptocurrency in Minnesota. According to the latest information from federal authorities, the brothers used sophisticated social engineering schemes and technical methods to gain unauthorized access to their victim’s digital assets.The investigation found that the perpetrators, aged 24 and 28, illegally hacked into the victim’s email and accounts, allowing them to transfer a significant amount of cryptocurrency to their own wallets. Federal prosecutors noted that this crime was one of the largest cases of digital asset theft in the region in recent years.According to the U.S. Department of Justice, the number of reported cryptocurrency thefts in 2025 rose by 18% compared to the previous year, indicating a growing threat from cybercriminals. Experts emphasize that such incidents underscore the need to strengthen cybersecurity measures and raise user awareness of the risks associated with storing digital assets.The brothers face up to 20 years in prison on each of the charges brought against them. A verdict is expected in the coming months. This case serves as a reminder to cryptocurrency owners of the importance of protecting personal data and adhering to modern security standards in the digital environment.
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