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Missouri Man Pleads Guilty in Failed Bitcoin Home-Invasion Plot
Martel Williams, 27, of St. Louis pleaded guilty to Hobbs Act robbery conspiracy for a failed 2024 plot to kidnap a Connecticut family and seize bitcoin tied to a theft of over $230 million.
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Martel Williams, 27, of St. Louis pleaded guilty in federal court in Hartford to Hobbs Act robbery conspiracy, carrying up to 20 years in prison.
The August 2024 plot targeted bitcoin tied to a theft estimated at $230 million to $245 million.
A second six-man Florida crew was arrested in Danbury on August 25, 2024 after kidnapping the target's parents.
Williams was arrested July 17, 2026 and remains free pending sentencing; no date is set.
Related hardware-wallet incidents include a roughly $86 million Ledger supply-chain compromise and a Coldcard firmware bug costing near $120 million.
Martel Williams, 27, of St. Louis pleaded guilty Monday in federal court in Hartford to conspiracy to interfere with commerce by robbery, the charge commonly known as Hobbs Act robbery, for his role in a failed plot to kidnap a Connecticut family and seize their bitcoin. U.S. Attorney David X. Sullivan announced the plea. The charge carries a maximum sentence of 20 years in prison.
The scheme began in August 2024. Prosecutors said the coordinators wanted bitcoin held by a man who had participated in a theft worth hundreds of millions of dollars. To take it, they recruited Williams and two associates from St. Louis. The plan was blunt: force entry into the target's home, threaten him, and make him move the cryptocurrency into wallets the conspirators controlled.
Williams and the others traveled to Connecticut between August 21 and August 24, 2024. They rented vehicles and gathered supplies, including air rifles, walkie-talkies, and a laptop. For two days, they stalked the target and his parents, waiting for a way inside.
It never came. The crew feared home security cameras had recorded them. They also grew frustrated with the plan and with poor communication from their coordinators, and left Connecticut without carrying out the job.
What happened after the first crew left?
A second crew of six men from Florida arrived shortly afterward to try again. On August 25, 2024, Danbury police arrested those six men after a violent carjacking in which they beat and kidnapped two people inside the vehicle. Those victims were the target's parents.
Local outlets have tied the target to a bitcoin theft estimated between $230 million and $245 million, though figures vary by report. The federal case centers on the attempted robbery, not the underlying theft.
Federal agents arrested Williams on July 17, 2026. He remains free pending sentencing, and no sentencing date has been set. The FBI New Haven Violent Crimes Task Force, FBI Los Angeles, FBI St. Louis, and the Danbury Police Department investigated. Assistant U.S. Attorneys Karen L. Peck and Stephanie T. Levick prosecuted the case. Other defendants in the Danbury case have also pleaded guilty, according to local reporting.
A wider pattern of physical crypto crime
The case fits a broader pattern of physical attacks aimed at cryptocurrency holders. Earlier this month, a scammer who had stolen roughly 60 bitcoin — about $4.8 million — through a fake-review task scam lost everything when thieves emptied three Ledger addresses where the proceeds had been moved on October 9.
Chainalysis analysts said the funds went into a wallet reported as stolen. The wider Ledger incident, in which a criminal group allegedly implanted seed-phrase-reading devices sold through Malaysian reseller CryptoBilis, may have drained about $86 million. Ledger said it is working with law enforcement and confirmed no other vendors were targeted, following a July attack on Coldcard that cost users close to $120 million through a firmware bug.
What does this change for crypto holders? It underscores that large balances now attract not just hackers but crews willing to use physical violence — and that federal prosecutors will treat home-invasion attempts as armed robbery regardless of whether the wallet ever moves. Williams's sentencing date has not been set, and additional guilty pleas in the Danbury case suggest the enforcement window is still open.
via justice.gov (Original)
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Senior reporter covering money, funding and market shifts around crypto and web3 industry at Mempool Brief.
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