Close Menu
American FocusAmerican Focus
  • Home
  • Binance
  • Bitcoin
  • Business
  • CoinDesk
  • Crypto
  • ESG
  • Finance
  • Market
  • Stocks
  • Trading

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Trump’s tariffs, ‘big beautiful Bill’ may do more for the Singapore market than the MAS review group

June 1, 2025

ESG Today: Week in Review

June 1, 2025

SEC flags concerns over crypto ETFs that offer staking rewards

June 1, 2025
Facebook X (Twitter) Instagram
  • Home
  • About Us
  • Advertise with Us
  • Contact us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram
American FocusAmerican Focus
  • Home
  • Binance
  • Bitcoin
  • Business
  • CoinDesk
  • Crypto
  • ESG
  • Finance
  • Market
  • Stocks
  • Trading
American FocusAmerican Focus
Home»Crypto»Second suspect arrested in alleged NYC Bitcoin torture scheme

Second suspect arrested in alleged NYC Bitcoin torture scheme

JournalistBy JournalistMay 27, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Share
Facebook Twitter LinkedIn Pinterest Email


A second suspect has been arrested for allegedly kidnapping and torturing an Italian tourist in an upmarket Manhattan home for weeks in an effort to steal his cryptocurrency.

William Duplessie, 32, turned himself in to authorities on Tuesday after his alleged accomplice was arrested last week.

Their alleged victim told police he was hung off a roof ledge, shocked with electrical wires and attacked with a chainsaw as his attackers demanded he reveal his Bitcoin wallet password.

Both suspects are charged with kidnapping with intent to collect ransom, assault, unlawful imprisonment and other crimes.

The arrests came after the victim managed to escape a home in SoHo, one of the wealthiest neighbourhoods in New York, where he was allegedly tortured and bound for nearly three weeks.

According to police, Mr Duplessie is the business partner of John Woeltz, 37, who was arrested on Friday.

Mr Woeltz is a crypto investor from Kentucky and has been renting the SoHo home – where the assaults allegedly occurred – for between $30,000 (£22,000) and $40,000 per month, according to the BBC’s US partner CBS News.

Investigators in the case also arrested a woman on Friday, but prosecutors have declined to press charges against her.

The alleged victim, who has not been named publicly, told police he came to New York from Italy on 6 May.

He alleged that upon arriving at the suspect’s house, Mr Woeltz took his passport and held him captive for 17 days.

Police say he had a gun pointed at his head, was struck with the gun, and had threats made against his family as his attackers demanded he reveal his password. He was also allegedly forced to smoke crack cocaine.

The 28-year-old Italian national says he escaped on Friday morning, bloodied and barefoot, after agreeing to give the men his password.

When they went to get his laptop, the alleged victim says he fled the eight-bedroom townhouse.

He reported the attack and was taken to hospital for treatment, say authorities.

A police search of the home found several Polaroid photos of the victim being tied up and tortured, as well as firearms and drugs, police say.

At a hearing before a judge on Tuesday, Mr Duplessie’s lawyer argued that “his involvement is hotly disputed” and said he had shown good faith by turning himself in to authorities.

The lawyer requested that he be allowed to post $1m bail and live with his father in Florida before his trial, but the judge denied that request and ordered him to be held in detention.

Mr Woeltz has also been ordered to remain in jail, after prosecutors argued that he had the means to flee, including a private jet and helicopter.

In a separate case in France, police have arrested more than 20 people following a number of kidnapping plots targeting crypto entrepreneurs and their families.

Authorities said the arrests were in connection with investigations into a recent abduction attempt in Nantes and the attempted kidnapping of a woman and child in Paris in May.

David Seltzer, a criminal defence attorney who specializes in cyber-crime, said such cases are all too common.

“It’s becoming a thing because people think it’s an easy way to get cash,” he told the BBC’s US partner CBS.

“Instead of robbing a bank, they can kidnap someone and get access to their Bitcoin wallet or crypto wallet.”



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Journalist
  • Website

Related Posts

SEC flags concerns over crypto ETFs that offer staking rewards

June 1, 2025

Dubai’s crypto party is bigger than ever

May 23, 2025

Crypto exchange Coinbase faces up to $400m hit from cyber attack

May 15, 2025
Leave A Reply Cancel Reply

Don't Miss

Singapore businesses call out ‘unsustainable rent hikes’

Business May 25, 2025

SINGAPORE – The clock is ticking for Nicher, a bakery serving French pastries and coffee…

Singapore Business Federation launches guide to help firms navigate trade barriers

May 22, 2025

AMD to sell ZT Systems’ manufacturing business to Sanmina in $3 billion deal

May 19, 2025

Business Owner Tests If People Will Pay More for USA-Made

May 11, 2025
Our Picks

Crypto: Live Trading Arrives On Binance Square

May 27, 2025

Massive Whale Activity Detected on Binance as Bitcoin Tests New Highs — TradingView News

May 27, 2025

Binance scores legal win as UK court partially dismisses Bitcoin SV lawsuit

May 22, 2025

Binance Study Uncovers How Users Secure Their Crypto

May 8, 2025
About Us
About Us

Welcome to American Focus, your trusted source for the latest news and insights on the world of cryptocurrency, trading, and digital assets. We are passionate about providing accurate, timely, and comprehensive information to help you navigate the dynamic landscape of the crypto market.

At American Focus, we cover everything from the basics of Bitcoin to in-depth analyses of platforms like Binance and CoinDesk

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Trump’s tariffs, ‘big beautiful Bill’ may do more for the Singapore market than the MAS review group

June 1, 2025

ESG Today: Week in Review

June 1, 2025

SEC flags concerns over crypto ETFs that offer staking rewards

June 1, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

© 2025 americanfocus. Designed by americanfocus.
  • Home
  • About Us
  • Advertise with Us
  • Contact us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.