A man identifying himself only as “Red” allegedly ran the whole operation from somewhere far away — and police still don’t know who he is. Related Reading: SenatorA man identifying himself only as “Red” allegedly ran the whole operation from somewhere far away — and police still don’t know who he is. Related Reading: Senator

Bitcoin Heist Gone Wild: Teens Cross 600 Miles To Rob Couple Of $66M In Crypto

2026/03/29 22:00
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

A man identifying himself only as “Red” allegedly ran the whole operation from somewhere far away — and police still don’t know who he is.

Bitcoin Robbery Mastermind Still At Large

That detail emerged during a March 17 court hearing in Maricopa County, where prosecutors revealed that an unidentified third party was on a phone call with two California teenagers throughout a violent home invasion in Scottsdale, Arizona, directing their every move in real time.

The teenagers – Jackson Sullivan, 17, and Skylar LaPaille, 16 – told investigators that “Red” and another individual known as “8” had been communicating with them through the encrypted app Signal — and had handed them $1,000 to buy supplies before the job.

The target was a couple believed to hold $66 million in bitcoin.

According to court records, Sullivan and LaPaille drove roughly 600 miles from San Luis Obispo, California, arriving at a home near 98th Street on Windrose Drive on the morning of January 30.

Tied And Beaten

They came dressed in delivery driver uniforms purchased online. They brought a fake package and a dolly. When the homeowner answered the door, the teens forced their way inside.

What followed was brutal. The couple was restrained with duct tape and beaten repeatedly while the intruders demanded access to their cryptocurrency wallets.

The homeowner later addressed the court directly. “I have had a concussion. I’ve had a broken rib,” he said. “They used subterfuge to enter our house, and then he personally beat me repeatedly in my own home.”

The couple’s adult son was also in the house. He hid and called 911.

Officers Arrived While The Break-In Was Still Happening

Police reached the home before the teens had left. Sullivan and LaPaille fled, driving a vehicle with stolen plates, at one point going the wrong direction into oncoming traffic during the chase.

They were arrested just after 11:30 a.m. on January 31. Left behind at the scene: duct tape, zip ties, a 3D-printed unloaded gun, and a burner phone.

Both teenagers now face nine felony charges, including aggravated assault, kidnapping, and second-degree burglary.

Sullivan was released on a $50,000 cash-only bond and is wearing an electronic monitor. LaPaille’s bond was also set at $50,000, though it was unclear whether he had posted it.

Their attorneys have argued the teens were manipulated. Sullivan’s lawyer told the court his client was targeted online and that his parents had no knowledge of what was happening.

The teens themselves told investigators they had been extorted into carrying out the crime.

An FBI spokesperson confirmed the agency is aware of the investigation but said it is not currently involved.

The mystery figure known as “Red” has not been charged and remains unidentified. Prosecutors acknowledged in open court they do not know his current whereabouts.

Featured image from Unsplash, chart from TradingView

Market Opportunity
WilderWorld Logo
WilderWorld Price(WILD)
$0.01918
$0.01918$0.01918
-2.09%
USD
WilderWorld (WILD) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

UK crypto holders brace for FCA’s expanded regulatory reach

UK crypto holders brace for FCA’s expanded regulatory reach

The post UK crypto holders brace for FCA’s expanded regulatory reach appeared on BitcoinEthereumNews.com. British crypto holders may soon face a very different landscape as the Financial Conduct Authority (FCA) moves to expand its regulatory reach in the industry. A new consultation paper outlines how the watchdog intends to apply its rulebook to crypto firms, shaping everything from asset safeguarding to trading platform operation. According to the financial regulator, these proposals would translate into clearer protections for retail investors and stricter oversight of crypto firms. UK FCA plans Until now, UK crypto users mostly encountered the FCA through rules on promotions and anti-money laundering checks. The consultation paper goes much further. It proposes direct oversight of stablecoin issuers, custodians, and crypto-asset trading platforms (CATPs). For investors, that means the wallets, exchanges, and coins they rely on could soon be subject to the same governance and resilience standards as traditional financial institutions. The regulator has also clarified that firms need official authorization before serving customers. This condition should, in theory, reduce the risk of sudden platform failures or unclear accountability. David Geale, the FCA’s executive director of payments and digital finance, said the proposals are designed to strike a balance between innovation and protection. He explained: “We want to develop a sustainable and competitive crypto sector – balancing innovation, market integrity and trust.” Geale noted that while the rules will not eliminate investment risks, they will create consistent standards, helping consumers understand what to expect from registered firms. Why does this matter for crypto holders? The UK regulatory framework shift would provide safer custody of assets, better disclosure of risks, and clearer recourse if something goes wrong. However, the regulator was also frank in its submission, arguing that no rulebook can eliminate the volatility or inherent risks of holding digital assets. Instead, the focus is on ensuring that when consumers choose to invest, they do…
Share
BitcoinEthereumNews2025/09/17 23:52
Ukrainian Drone Strikes Hit Moscow, St. Petersburg And Russia’s Economy

Ukrainian Drone Strikes Hit Moscow, St. Petersburg And Russia’s Economy

The post Ukrainian Drone Strikes Hit Moscow, St. Petersburg And Russia’s Economy appeared on BitcoinEthereumNews.com. In Kyiv, Ukraine, on December 6, 2024, President of Ukraine Volodymyr Zelenskyy, Commander-in-Chief of the Armed Forces of Ukraine Oleksandr Syrskyi, and Deputy Minister of Strategic Industries of Ukraine Anna Gvozdiar (L to R) attend the handover of the first batch of long-range Peklo (Hell) missile drones to the Defence Forces on the Day of the Armed Forces of Ukraine. Ukraine’s President Volodymyr Zelensky conveys the first batch of advanced Peklo missile drones to the military. During the event, it is reported that there have already been five successful uses. The Peklo missile drone, which has a strike range of 700 km and a speed of 700 km per hour, is launched into serial production. NO USE RUSSIA. NO USE BELARUS. (Photo by Ukrinform/NurPhoto via Getty Images) NurPhoto via Getty Images Kyiv is intensifying its air campaign, aiming not only to destroy Russian oil refineries but also to expose the vulnerabilities of the country’s elites. On September 9, a Ukrainian drone targeted Sochi on the Black Sea, just hours after President Vladimir Putin held meetings there. On September 12, a Ukrainian drone struck Russia’s Leningrad region for the first time, hitting the Primorsk oil terminal near St. Petersburg and forcing a temporary suspension at the country’s largest crude port. The drone threat also shut down St. Petersburg’s Pulkovo Airport. Ukraine’s drone offensive is showing results, intensifying pressure on the Kremlin as strikes deepen Russia’s fuel crisis and accelerate inflation. According to September data from the independent pollster Levada Center, a record 66% of respondents in Russia now say it is time to move toward peace negotiations, while just 27% support continuing military action – the lowest level ever recorded. In June, 58% also cited rising prices as their top concern. While public frustration with the war is rising, elites in…
Share
BitcoinEthereumNews2025/09/18 06:11
Metaplanet raises $1.4B to fuel BTC purchases and U.S. subsidiary launch

Metaplanet raises $1.4B to fuel BTC purchases and U.S. subsidiary launch

Metaplanet Inc. has formalized the subsidiary in Miami, Florida, naming it Metaplanet Income Corp.
Share
Cryptopolitan2025/09/17 23:34