Three Missouri men indicted for attempted Bitcoin robbery plot

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Three Missouri men—Sedric Louis (32), John Davis (34), and Martel Williams (27)—were indicted on conspiracy to commit Hobbs Act robbery. They were allegedly hired in August 2024 to track and kidnap a Bitcoin thief and their parents to force a cryptocurrency transfer. Concerns over CFT led the group to abandon the plan, allowing a Florida-based team to proceed. All three have pleaded not guilty. The case emerges amid ongoing discussions regarding Bitcoin ETF approval.

According to the U.S. Attorney’s Office for the District of Connecticut, three men from St. Louis, Missouri—Sedric Louis (32), John Davis (34), and Martel Williams (27)—have been indicted by a grand jury on charges of conspiracy to commit Hobbs Act robbery, carrying a maximum penalty of 20 years in prison. The three are accused of being hired by unidentified conspirators in August 2024 to travel to Connecticut to track and attempt to kidnap an individual and their parents, who were previously involved in stealing hundreds of millions of dollars’ worth of Bitcoin, in order to coerce the transfer of cryptocurrency. The trio withdrew mid-operation due to concerns about being captured on surveillance cameras, after which another group from Florida took over and carried out the actual kidnapping. All three have appeared in court and pleaded not guilty.

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