No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, July 17, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

Crypto Owners Forced at Gunpoint to Unlock Accounts in $6.5M Robbery Spree

by TheAdviserMagazine
2 months ago
in Cryptocurrency
Reading Time: 2 mins read
A A
Crypto Owners Forced at Gunpoint to Unlock Accounts in .5M Robbery Spree
Share on FacebookShare on TwitterShare on LInkedIn


Key Takeaways

Authorities alleged attackers used delivery disguises to gain entry into victims’ homes.Prosecutors said a victim transferred approximately $6.5 million during a gunpoint robbery.Federal charges include robbery, kidnapping, and conspiracy counts carrying severe penalties.

Delivery Disguises and Gunpoint Crypto Transfers Detailed

A federal grand jury indicted Elijah Armstrong, Nino Chindavanh, and Jayden Rucker on robbery, kidnapping, and conspiracy charges tied to a violent robbery spree targeting cryptocurrency owners. The U.S. Department of Justice (DOJ) described the case as “a violent robbery spree targeting cryptocurrency owners” in a press release on May 11.

Prosecutors alleged the men traveled from Tennessee to California to target victims in San Francisco, San Jose, Sunnyvale, and Los Angeles. They allegedly posed as pizza, package, and coffee delivery workers to persuade victims to open their doors before forcing entry into the residences. Authorities said the attackers carried firearms and used duct tape and zip ties to restrain victims during the robberies. The DOJ stated:

“In one of the incidents perpetrated by the conspiracy, the victim was forced at gunpoint to sign into his cryptocurrency accounts so that a co-conspirator could transfer approximately $6.5 million from his cryptocurrency accounts to a wallet controlled by the co-conspirators.”

The indictment alleged the group carried out coordinated home-invasion robberies and attempted robberies across multiple California cities. Prosecutors said victims were assaulted, restrained, and threatened inside their homes during the attacks.

Charges Carry Potential Life Sentence in Federal Court

Chindavanh was arrested in Sunnyvale on Dec. 22, 2025, while Armstrong and Rucker were arrested in Los Angeles on Dec. 31, 2025. Chindavanh appeared in federal court in San Francisco on April 14, 2026. Armstrong and Rucker appeared there on May 11 and appeared before U.S. Magistrate Judge Thomas S. Hixson on May 12 for appointment of counsel. Chindavanh is scheduled for a status hearing on June 26 before U.S. District Judge Trina L. Thompson.

The indictment charges the men with conspiracy to commit Hobbs Act robbery, conspiracy to commit kidnapping, attempted Hobbs Act robbery, and attempted kidnapping. The Hobbs Act and attempted kidnapping counts each carry up to 20 years in prison and a $250,000 fine. The kidnapping conspiracy count carries up to life in prison and a $250,000 fine.

United States Attorney Craig H. Missakian said:

“These individuals, as alleged, terrorized their victims in the hopes of stealing vast sums of cryptocurrency. The scheme was not only sophisticated, it was brazen, violent, and dangerous.”

Prosecutors alleged the group carried out coordinated home-invasion robberies across multiple California cities by disguising themselves as delivery workers before forcing victims to unlock cryptocurrency accounts at gunpoint. An indictment is an allegation, and the defendants are presumed innocent unless proven guilty.



Source link

Tags: 6.5MAccountsCryptoForcedGunpointOwnersRobberyspreeUnlock
ShareTweetShare
Previous Post

Avoiding Overpayments in Rebate Programs: A Strategic Guide for 2026

Next Post

170-year-old luxury fashion retailer quietly closes 21 stores

Related Posts

edit post
Cardano Tests Support As ADA Traders Look For A Better Catalyst

Cardano Tests Support As ADA Traders Look For A Better Catalyst

by TheAdviserMagazine
July 17, 2026
0

Cardano is trading near support as ADA investors look for a stronger reason to step back into the market. The...

edit post
Bitcoin Traders Pull BTC Below K as Middle East Tensions Trigger Fresh Risk-Off Selling

Bitcoin Traders Pull BTC Below $63K as Middle East Tensions Trigger Fresh Risk-Off Selling

by TheAdviserMagazine
July 17, 2026
0

Key TakeawaysBitcoin fell 1.4% below $63,600 on July 17, hitting a session low of $62,732 as post-CPI sentiment faded.Middle East...

edit post
Bitcoin Drops Back to Its Local Range as Bear-Market History Repeats

Bitcoin Drops Back to Its Local Range as Bear-Market History Repeats

by TheAdviserMagazine
July 17, 2026
0

Bitcoin (BTC) dipped below $62,500 at Friday’s Wall Street open as stocks took a fresh hit from the US-Iran war.Key...

edit post
Hyperliquid Tumbles 12% as a16z-Linked Wallet Dumps M HYPE Tokens

Hyperliquid Tumbles 12% as a16z-Linked Wallet Dumps $28M HYPE Tokens

by TheAdviserMagazine
July 17, 2026
0

Hyperliquid’s native token HYPE falls 12% over the past 24 hours amid massive profit-taking. On-chain data revealed that a wallet...

edit post
France’s World Cup Exit Erases Sportsbook Liability as Prediction Volume Surges

France’s World Cup Exit Erases Sportsbook Liability as Prediction Volume Surges

by TheAdviserMagazine
July 16, 2026
0

Key TakeawaysBetmgm said 94% of semifinal qualification money backed France.France was Draftkings and Betmgm’s largest remaining outright liability.Polymarket and Kalshi...

edit post
Citadel Securities Takes 0M Stake in Crypto.com as Digital Markets Strategy Accelerates

Citadel Securities Takes $400M Stake in Crypto.com as Digital Markets Strategy Accelerates

by TheAdviserMagazine
July 16, 2026
0

Base Markets CEO: Why Trust Matters More Than Bonuses | Alex Kolpokchi Interview Base Markets CEO: Why Trust Matters More...

Next Post
edit post
170-year-old luxury fashion retailer quietly closes 21 stores

170-year-old luxury fashion retailer quietly closes 21 stores

edit post
U.S., China announce deals after Trump-Xi summit

U.S., China announce deals after Trump-Xi summit

  • Trending
  • Comments
  • Latest
edit post
Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

June 22, 2026
edit post
New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

June 20, 2026
edit post
5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

June 18, 2026
edit post
New Jersey Tax-Relief Events: Three July Dates Near Seniors

New Jersey Tax-Relief Events: Three July Dates Near Seniors

July 13, 2026
edit post
Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

July 8, 2026
edit post
Retail giant exits U.S. fashion after multi-million-dollar scandal

Retail giant exits U.S. fashion after multi-million-dollar scandal

July 1, 2026
edit post
Import prices post surprise gain as costs of goods from China hit highest since 2008

Import prices post surprise gain as costs of goods from China hit highest since 2008

0
edit post
Friday File: Two Healthcare Buys

Friday File: Two Healthcare Buys

0
edit post
Cardano Tests Support As ADA Traders Look For A Better Catalyst

Cardano Tests Support As ADA Traders Look For A Better Catalyst

0
edit post
*HOT* Carter’s Child of Mine Toddler Rain Jackets as low as .63!

*HOT* Carter’s Child of Mine Toddler Rain Jackets as low as $5.63!

0
edit post
The parents and partners we stay closest to aren’t the ones who demand constant updates — they’re the ones who made contact easy without requiring you to arrive as a polished, working version of yourself

The parents and partners we stay closest to aren’t the ones who demand constant updates — they’re the ones who made contact easy without requiring you to arrive as a polished, working version of yourself

0
edit post
Research Report: Betting in Africa 2026

Research Report: Betting in Africa 2026

0
edit post
Friday File: Two Healthcare Buys

Friday File: Two Healthcare Buys

July 17, 2026
edit post
*HOT* Carter’s Child of Mine Toddler Rain Jackets as low as .63!

*HOT* Carter’s Child of Mine Toddler Rain Jackets as low as $5.63!

July 17, 2026
edit post
US stocks today: Nasdaq, S&P fall over 1%, end lower for week as chip selloff broadens

US stocks today: Nasdaq, S&P fall over 1%, end lower for week as chip selloff broadens

July 17, 2026
edit post
Clarity Act passing odds hit record lows as bill stalls in Senate (BTC-USD:Cryptocurrency)

Clarity Act passing odds hit record lows as bill stalls in Senate (BTC-USD:Cryptocurrency)

July 17, 2026
edit post
Cardano Tests Support As ADA Traders Look For A Better Catalyst

Cardano Tests Support As ADA Traders Look For A Better Catalyst

July 17, 2026
edit post
Bitcoin Traders Pull BTC Below K as Middle East Tensions Trigger Fresh Risk-Off Selling

Bitcoin Traders Pull BTC Below $63K as Middle East Tensions Trigger Fresh Risk-Off Selling

July 17, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Friday File: Two Healthcare Buys
  • *HOT* Carter’s Child of Mine Toddler Rain Jackets as low as $5.63!
  • US stocks today: Nasdaq, S&P fall over 1%, end lower for week as chip selloff broadens
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.