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Two California teenagers are facing serious charges after authorities say they traveled hundreds of miles to commit a violent crime spree at a Scottsdale, Arizona, home in an attempt to get hold of what they believe to be $66 million worth of secret money.
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Key points:
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- Two California teenagers traveled more than 600 miles to commit crimes against $66 million worth of cryptocurrencies.
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- Police arrested the two suspects after they fled and recovered ammunition and a 3D printed gun.
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- Investigators say anonymous contacts on the messaging app orchestrated the attack and paid for the devices.
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According to According to court reports reported by local mediaThe suspects, ages 16 and 17, traveled more than 600 miles from San Luis Obispo County and arrived at a home near Sweetwater Ranch on the morning of January 31 wearing delivery uniforms similar to those of a shipping company.
Investigators say they broke into the house, bound two adults with duct tape and asked them to find the digital treasure. (The best cold (solid) wallets for cryptocurrencies)
One of the victims refused to have any cryptocurrency, after which the argument escalated into a physical assault.
The police arrested the two people after they attempted to break into the house violently
Police were alerted when an older son somewhere in the house called 911. Officers who arrived at the scene found that there was an argument and someone was yelling.
The two fled in a blue Subaru but were stopped in a dead end street shortly after.
Authorities also found plastic fasteners, duct tape, stolen license plates and a 3D-printed bullet-proof handgun. It is not yet known whether the weapon can be used.
The youths were initially placed in juvenile detention but prosecutors want to try them as adults. Each is facing eight charges including robbery, aggravated assault and robbery, while the senior faces one count of fleeing the police.
He was later released on $50,000 bail and placed on electronic monitoring devices.
Investigators said the suspect told police the pair had recently met and were directed by unknown people who communicated through the Signal messaging platform.
The agents, known only as “Reed” and “8,” gave them an address and sent $1,000 to buy hides and weapons at retail stores.
The suspect also said that he was forced to take part after being called on a trip to “tie people up” to arrive Digital currency.
A significant increase in the privacy policy will force cryptocurrency holders in 2025
Consider this story A significant increase in so-called brute-force attacks on the delivery of private keysThese are physical threats aimed at Forcing cryptocurrency holders to hand over their private keys.
Security researcher Jameson Loeb has written about 70 such incidents in 2025, a significant increase over the previous year.
The Scottsdale operation is the first case recorded in the United States of 2026, although many incidents are believed to be unreported.
Security researchers say criminals are increasingly using leaked personal information to identify targets and recruit cybercriminals to slow down tracking.
Recent corporate breaches involving customer information have been cited by researchers as a factor that increases exposure risk.
Officials did not link the incident to separate cryptocurrency ransom demands that were reported the same day in Tucson, about two hours apart.
A note Two teenagers are accused of breaking into an Arizona home to make off with $66 million in cryptocurrency appeared for the first time Cryptonews Arabic.
