According to the U.S. Attorney’s Office for the District of Connecticut, Sedric Louis, John Davis, and Martel Williams, three men from Missouri, have been indicted by a grand jury on charges of Hobbs Act robbery, each facing up to 20 years in prison. The three are accused of being hired in August 2024 to travel to Connecticut with the intent to kidnap an individual and their parents, who were allegedly involved in the theft of $100 million in Bitcoin, in order to coerce the transfer of cryptocurrency. The trio withdrew due to concerns about being recorded by surveillance, after which another group from Florida carried out the actual kidnapping. All three have appeared in court and pleaded not guilty.
Three Missouri men indicted for attempting to kidnap and rob a Bitcoin holder
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Summary
Bitcoin breaking news: Three men from Missouri—Sedric Louis, John Davis, and Martel Williams—have been indicted for allegedly conspiring to kidnap a Bitcoin holder and their parents in August 2024 to coerce a $10 million cryptocurrency transfer. The trio fled amid fears of surveillance, and associates from Florida carried out the kidnapping. All three have pleaded not guilty. Bitcoin news continues to underscore the legal risks within the crypto space.
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