Teenagers Allegedly Plan Out Crypto Heist Across State Lines

Two teenagers from California are accused of traveling over 600 miles to pose as delivery workers and break into a home in Scottsdale, Arizona, in an attempt to steal $66 million worth of cryptocurrency. They now face eight felony charges, including kidnapping and aggravated assault.

Crime Tactics Spark Security Alarms

According to law enforcement officials, the minors admitted they were contacted through an encrypted messaging app by individuals using the aliases 'Red' and '8.' They reportedly received $1,000 in cash along with the victim's address to carry out the attack. This case highlights the growing threat of so-called 'wrench attacks' targeting cryptocurrency holders.

  • Attackers use real-world violence or intimidation to obtain private keys
  • Incidents have increased alongside rising crypto asset values
  • Experts urge users to enhance both digital and physical security measures

Authorities are continuing their investigation and have warned the public, particularly crypto investors, to remain vigilant against similar threats.