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Teens face felony charges after 600-mile drive to allegedly attempt a $66 million crypto robbery: reports

The Block
Two California teens drove 600 miles to Scottsdale to allegedly commit a violent home invasion targeting $66 million in cryptocurrency.

Summary

Two high school students, aged 16 and 17 from San Luis Obispo County, California, face multiple felony charges after allegedly driving over 600 miles to execute a home invasion in Scottsdale, Arizona, on January 31. Dressed in FedEx-style uniforms, they reportedly forced entry, restrained and assaulted two adults while demanding cryptocurrency, which the victims denied possessing. The teens fled when police arrived but were quickly apprehended. Authorities recovered restraints and a 3D-printed gun. The younger teen claimed they were coerced via the Signal app by individuals named "Red" and "8," who provided $1,000 for supplies. This incident highlights an emerging pattern of anonymous actors recruiting teens for violent crypto heists, often directed through encrypted apps. The case is the first recorded U.S. "wrench attack" of 2026, signaling a rise in physical attacks against crypto holders, potentially linked to data breaches exposing personal information.

(Source:The Block)