Crypto Kidnapping NYC Scandal, Crypto Investors Charged In Torture Case

In a case that has come to be known as the “crypto kidnapping NYC” scandal, two New York City-based cryptocurrency investors, John Woeltz, 37, and William Duplessie, 33, have been indicted for allegedly kidnapping and torturing a 28-year-old Italian tourist over a Bitcoin dispute. The victim was held captive for 17 days in an upscale Manhattan townhouse, enduring horrific abuse before managing to escape. This chilling incident has raised alarms about the potential dangers lurking in the unregulated world of cryptocurrency.

Background of the Case

The suspects are well-known figures in the cryptocurrency investment community. John Woeltz, often dubbed the “crypto king of Kentucky,” has made headlines for his high-profile…

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