Chilling NYC Bitcoin Torture Case: Second Suspect Arrested in Shocking Kidnapping Plot

Second Suspect Arrested in Alleged Bitcoin Torture Scheme in NYC

Overview

A second suspect has been arrested in connection to a disturbing case involving the alleged kidnapping and torture of an Italian tourist in New York City, with the intent of stealing his cryptocurrency. William Duplessie, 32, surrendered to authorities on Tuesday, a week after his alleged accomplice, John Woeltz, 37, was taken into custody.

Allegations Against the Suspects

The two men face serious charges, including kidnapping with intent to collect ransom, assault, and unlawful imprisonment. The victim, whose name has not been released, reported being held captive for approximately three weeks in a luxury Manhattan townhouse. His ordeal reportedly included being dangled from a roof ledge, threatened with electrical shocks, and attacked with a chainsaw. The suspects allegedly demanded access to the victim’s Bitcoin wallet password during this brutal ordeal.

According to the police report, the victim arrived in New York from Italy on May 6 and was held against his will at Woeltz’s rented property in SoHo, one of Manhattan’s wealthiest neighborhoods. The victim stated that his passport was confiscated upon arrival, and he continued to face threats, including having a firearm pointed at his head and being forcibly drugged.

Victim’s Escape

The victim managed to escape on Friday morning after he agreed to reveal his laptop password to the suspects. As they left to retrieve the device, he seized the opportunity to flee the eight-bedroom residence. Once free, he sought medical treatment for his injuries and reported the incident to the police.

Police investigations at the property uncovered alarming evidence of the alleged torture, including photographs documenting the victim’s confinement and the presence of firearms and illegal drugs.

Legal Proceedings

At a court appearance on Tuesday, Duplessie’s attorney argued that there was significant dispute over his client’s involvement in the alleged crimes. The lawyer requested that Duplessie be allowed to post bail set at $1 million and reside with his father in Florida while awaiting trial. However, the judge denied this request, deciding instead to hold Duplessie in custody.

Similarly, Woeltz also remains in jail, with prosecutors citing concerns that he may attempt to flee, pointing out that he has access to private aircraft.

Broader Context

This shocking incident highlights a growing trend of violent crimes linked to cryptocurrency, prompting concern among law enforcement. In a separate investigation in France, authorities arrested over 20 individuals connected to planned kidnappings targeting cryptocurrency investors and their families.

Criminal defense attorney David Seltzer commented on the rising frequency of such crimes, suggesting that kidnappers perceive a crypto wallet as a lucrative target, presenting a more accessible opportunity than traditional bank robberies.

Conclusion

The chilling events surrounding the alleged kidnapping and torture case raise pressing questions about safety in the crypto world. As investigations continue, the legal process will unfold to address the accusations against Duplessie and Woeltz. The situation serves as a stark reminder of the darker side of burgeoning financial technologies.

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