The Federal Bureau of Investigation (FBI) has arrested two men who participated “in a violent plan to break into a family’s home in the middle of the night” to steal bitcoin worth tens of millions of dollars,” according to the U.S. Department of Justice. The men could be sentenced to 20 years in prison.
Two men are charged with planning to steal Bitcoin
The U.S. Department of Justice (DOJ) announced Friday the unsealing of an indictment charging Dominic Pineda and Shon Morgan with a “plan to commit home invasion robbery for tens of millions of dollars in bitcoin.”
On Thursday, the Federal Bureau of Investigation (FBI), arrested them both in Virginia.
U.S. Attorney Damian Williams detailed:
The defendants participated in a violent plan to break into a family’s home in the middle of the night and force its residents to provide the code to what the defendants believed was tens of millions of dollars in bitcoin currency.
According to the court document, the defendants participated in the plan from May 18 to May 24, 2020, “to break into a home in Irvington, New York and rob its residents of cash and cryptocurrency.”
Bitcoin was worth approximately $10,000 at the time of the home invasion. BTC reached an all-time record price of $68,892 on November 20,21. The current trading price is $20,892.
This is what the Justice Department said:
Pineda (21), of Manassas Virginia and Morgan (21), of Centreville Virginia are both charged with conspiring to commit Hobbs Act Robbery in violation 18 U.S.C. § 1951, which carries a maximum term of 20 years in prison.
The Hobbs Act defines robbery as unlawfully taking another person’s property “by means of actual or threatened force.”
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