Three St. Louis Men Indicted in Bitcoin Kidnap Conspiracy

Three St. Louis Men Indicted in Bitcoin Kidnap Conspiracy

N
News Editor
2026-08-05 03:26:47
Three men from St. Louis, Missouri, have been indicted by a federal grand jury in Connecticut on a charge of conspiracy to commit Hobbs Act robbery, according to the U.S. Attorney's Office for the District of Connecticut. Sedric Louis, 32, John Davis, 34, and Martel Williams, 27, are accused of being hired in August 2024 by an alleged mastermind to travel to Connecticut, where they were to follow and attempt to kidnap a man who had been involved in the theft of hundreds of millions of dollars in bitcoin, as well as the parents of that man. The goal was to compel the man to hand over cryptocurrency. The three men pulled back from the operation, prosecutors said, because they worried about being caught on surveillance cameras. A separate group of people from Florida later took over and carried out the actual kidnapping. All three defendants have appeared in court and pleaded not guilty.

Three men from St. Louis, Missouri, face a federal indictment in Connecticut for an alleged plot to kidnap a man involved in the theft of hundreds of millions of dollars in bitcoin.

The U.S. Attorney's Office for the District of Connecticut said a grand jury charged Sedric Louis, 32, John Davis, 34, and Martel Williams, 27, with conspiracy to commit Hobbs Act robbery. That charge carries a maximum penalty of 20 years in prison.

Prosecutors say the men were hired in August 2024 by a person behind the scenes to travel to Connecticut and track the man, whose parents were also targeted. The goal was to force the man to transfer cryptocurrency.

The three men withdrew from the effort, prosecutors said, after becoming concerned that surveillance cameras would record them. Another group, this one from Florida, then took over and carried out the actual kidnapping.

All three defendants have appeared in court and pleaded not guilty.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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