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Three Missouri men face 20 years over Bitcoin home invasion plot

ByRanda MosesRanda Moses
2 mins read
Three Missouri men face 20 years over Bitcoin home invasion plot.
  • Federal prosecutors charged three Missouri men with conspiracy to interfere with commerce by robbery over a 2024 plot to rob a Connecticut home of stolen Bitcoin, each facing up to 20 years.
  • The plot traces back to Veer Chetal’s theft of 4,100 Bitcoin, worth about $245 million, which led to the August 2024 kidnapping of his parents near Danbury High School.
  • Adam Iza and the six Florida men involved in the kidnapping have pleaded guilty, with two already sentenced to 11 years.

Federal prosecutors charged three Missouri men with plotting in 2024 to break into a Connecticut home and force the occupant to turn over stolen Bitcoin. The latest defendants are involved in a kidnapping case linked to a crypto theft worth ~$245 million.

Sedric Louis, John Davis, and Martel Williams each face one count of conspiracy to interfere with commerce by robbery, a charge under the Hobbs Act that carries a maximum penalty of 20 years in prison. U.S. Attorney David X. Sullivan for the District of Connecticut announced the charges Tuesday. All three pleaded not guilty.

A Missouri crew that backed out of a Bitcoin heist

The men were brought in by the people coordinating an earlier kidnapping and told to raid a Connecticut home, threaten the person inside, and make him move stolen crypto into wallets that the coordinators controlled, investigators say.

The group drove to the state over four days in late August 2024, rented vehicles, picked up air rifles and walkie-talkies, and then spent two days watching the target and his parents, prosecutors allege.

The three left, worried they had been recorded by the home’s security cameras and unable to contact their co-conspirators. Then a different crew from Florida came out to try and pull off the robbery instead.

As Cryptopolitan reported earlier, a resident of Washington, D.C., was scammed out of 4,100 Bitcoin, worth about $245 million, via a social-engineering scam perpetrated by Veer Chetal and two others who posed as support personnel for Google and a crypto-exchange.

Chetal’s family was caught in the crossfire of a fight between Chetal and an alleged associate of Adam Iza at a Miami nightclub in mid-2024.

Six men from Florida rammed Sushil and Radhika Chetal’s Lamborghini SUV near Danbury High School on August 25, 2024, blocked it with a van, and dragged the couple out.

Sushil Chetal was beaten with a baseball bat. According to court records, both parents were bound with duct tape, Cryptopolitan reports. Police in Danbury, aided by an off-duty FBI agent who happened to be in the area, chased the van until it crashed and arrested all six.

Guilty pleas mount as crypto attacks keep rising

Several people connected with the case have entered guilty pleas. Adam Iza, a 25-year-old businessman from California known as “The Godfather,” pleaded guilty in June to the same Hobbs Act conspiracy and is scheduled to be sentenced on August 12, reported Cryptopolitan.

The six Florida men involved in the kidnapping have also pleaded guilty, and two have already received sentences of 11 years. The three Missouri defendants were charged in a second superseding indictment returned by a federal grand jury in New Haven on May 22, 2026.

Louis and Davis have been in custody since their arrests on June 25 and entered their pleas on July 30 in Bridgeport federal court. Williams showed up on July 17 and was released on bond.

According to Cryptopolitan, blockchain security firm CertiK reported 34 verified “wrench attacks” in the first four months of the year, a term used to describe the use of physical force to gain access to virtual assets, marking a 41% increase from the same period in 2025.

Losses totaled about $101 million. CertiK predicts the number of attacks will hit ~130 by the end of the year.

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FAQs

Who are the three Missouri men charged in the case?

Sedric Louis, John Davis and Martel Williams, who each face a Hobbs Act conspiracy charge carrying up to 20 years and have pleaded not guilty.

What is the crypto theft behind the plot?

Prosecutors say Veer Chetal and two others used a social-engineering scheme to siphon 4,100 Bitcoin, worth ~$245 million, from a Washington, D.C. resident, which led to the attempted kidnapping of Chetal's parents.

What happened to the others involved in the kidnapping?

Adam Iza, known as "The Godfather," pleaded guilty and is set for sentencing on August 12, and the six Florida men who carried out the August 2024 abduction have all pleaded guilty, with two already sentenced to 11 years.

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Randa Moses

Randa Moses

Randa Moses is an editor and reporter at Cryptopolitan covering tech, AI, robotics, crypto, scams, and hacks. She has worked in the crypto space since 2017. She held roles at Forward Protocol, AmaZix, and Cryptosomniac. Randa holds a degree in Electrical and Electronics Engineering from the University of Bradford.

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