Brothers face 20 years after $8m crypto kidnapping plea
Two Texas brothers pleaded guilty after prosecutors said they held a Minnesota family at gunpoint and forced an $8M cryptocurrency transfer.
Bitcoin News·
A family was held at gunpoint for more than eight hours and forced to transfer more than $8 million in cryptocurrency in a violent Minnesota home invasion that has now resulted in guilty pleas from the two men who admitted carrying out the scheme Garcia Brothers Admit Firearms Were Used in Minnesota Crypto Robbery Case […]
Read full articleTwo Texas brothers pleaded guilty after prosecutors said they held a Minnesota family at gunpoint and forced an $8M cryptocurrency transfer.
Two Texas brothers have pleaded guilty to federal robbery charges after prosecutors said they kidnapped a Minnesota family and forced the transfer of more than $8 million in cryptocurrency. According to the U.S. Attorney’s Office for the District of Minnesota,…
Two Texas brothers admitted to holding a Minnesota family at gunpoint and forcing the transfer of $8 million in cryptocurrency.
Isiah and Raymond Garcia held a Minnesota family at gunpoint for eight hours and forced the father to transfer over $8 million in crypto.
A deepfake campaign attack ad in the US state of Minnesota has raised questions around the ethics of using AI in political ads and the regulations surround AI use.
The post Kalshi Sues Minnesota to Block First US Felony Ban on Prediction Markets appeared on BitcoinEthereumNews.com. Key Takeaways Kalshi sued the state of Minnesota on May 28 to block SF4760, a felony ban set to take effect August 1, 2026. The CFTC filed its own suit against Minnesota within 24 hours of the bill’s May 18 signing. More than a dozen states have moved against Kalshi; the case could decide who regulates the sector. Minnesota’s First-in-Nation Felony Ban Kalshi, a federally regulated prediction market where users trade contracts on the outcome of real-world events, asked a federal court to strike down Minnesota’s SF4760, a law it says would criminalize its business in the state. Governor Tim Walz signed the measure on May 18, and it is set to take effect on August 1, 2026, making Minnesota the first U.S. state to treat the operation and advertising of prediction markets as a felony. The lawsuit, filed on May 28, argues the ban cannot stand because prediction markets are
Prediction market platform Kalshi has filed a federal lawsuit to block a first-in-the-nation Minnesota law that would make operating or advertising prediction markets a felony, escalating a nationwide fight over who regulates the fast-growing sector. Minnesota’s First-in-Nation Felony Ban Kalshi, a federally regulated prediction market where users trade contracts on the outcome of real-world events, […]
The post Kalshi sues Minnesota over prediction ban appeared on BitcoinEthereumNews.com. Kalshi has sued Minnesota to block the state’s prediction market ban set to take effect on August 1. Summary Kalshi filed a federal lawsuit against Minnesota over its new prediction market ban law. The company argues the Commodity Exchange Act gives the CFTC exclusive jurisdiction over event contracts. Minnesota’s law would make operating a prediction market a felony from August 1. Kalshi has filed a federal lawsuit against Minnesota to block the state’s new prediction market ban. The law would make running an event contract platform in the state a felony from August 1. The suit escalates a national fight over who regulates event contracts. Kalshi’s complaint, filed in federal court and documented by Courthouse News, names Attorney General Keith Ellison, Governor Tim Walz and Alcohol and Gambling Enforcement Director Jon Anglin as defendants. What Minnesota’s law does Governor Walz signed SF 3432 in