US Charges 3 Men in Failed Bitcoin Robbery Tied to Crypto Theft

US prosecutors have charged three Missouri men for allegedly joining a 2024 plot to rob a Connecticut man of hundreds of millions of dollars in stolen Bitcoin (BTC) by threatening his family.

The US Attorney’s Office for the District of Connecticut announced the indictment on August 4. Sedric Louis, 32, John Davis, 34, and Martel Williams, 27, are all from St. Louis.

Robbery Plot Sought to Force Bitcoin Transfer Through Family

Prosecutors say the intended target had participated in the theft of hundreds of millions of dollars in Bitcoin. According to the indictment, the plot’s coordinators allegedly recruited the trio to steal some of the Bitcoin. 

Between August 21 and August 24, 2024, the men traveled to Connecticut. They obtained rental vehicles and supplies, including air rifles and walkie-talkies.

The group then stalked the target and his parents over two days. They planned to force their way into the family home and demand the transfer of the stolen cryptocurrency. The funds would move into accounts controlled by the scheme’s coordinators.

However, the three men abandoned the plan and left the state. Prosecutors say they feared home security cameras had captured them and grew frustrated by poor communication with co-conspirators.

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Kidnapping Followed Days Later

Shortly afterward, another crew from Florida arrived to carry out the plan. On August 25, 2024, Danbury Police arrested six Florida men over a violent carjacking of a Lamborghini Urus. The attackers allegedly beat and kidnapped the target’s parents during the carjacking.

Alleged coordinators James Schwab, Adam Iza, and Saif Faiq were charged earlier. A grand jury in New Haven returned the second superseding indictment against the Missouri trio on May 22, 2026. Each man faces a Hobbs Act robbery conspiracy charge carrying up to 20 years in prison.

Louis and Davis have remained in custody since their arrests on June 25, 2026. Both pleaded not guilty in Bridgeport federal court on July 30. Williams entered a not guilty plea on July 17 and was released on bond.

Meanwhile, US Attorney David X. Sullivan stressed that an indictment is not evidence of guilt. The six Florida men arrested over the kidnapping have already pleaded guilty, according to earlier statements from the authorities.

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The post US Charges 3 Men in Failed Bitcoin Robbery Tied to Crypto Theft appeared first on BeInCrypto.