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    Home » Blog » Crypto duo faces kidnapping charges in alleged bitcoin theft attempt

    Crypto duo faces kidnapping charges in alleged bitcoin theft attempt

    May 31, 2025Updated:May 31, 2025 World No Comments
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    Crypto duo faces kidnapping charges in alleged bitcoin theft attempt
    On Friday, May 30, 2025, William Duplessie, who is accused of kidnapping and rape for attempting to steal a man’s Bitcoin login, appears with his defense lawyer Sanford Talkin, left, in Manhattan Criminal Court. ( AP )

    NEW YORK: The most recent crime drama gripping New York is the alleged abduction of an Italian businessman whose prisoners attempted to deceive the crypto businessman into giving up his cryptocurrency password. In a fancy Manhattan club where the nouveau riche and bright Wall Street brothers converge, the scene of wild parties, which have become a universal theme in popular culture, was set. The incident occurred on May 23 when a person ran to a policeman in Manhattan’s Soho neighborhood near Mulberry and Prince roads. The naked man claimed to have just escaped a posh house where he had been imprisoned for 17 time before entering the country. John Woeltz, 37, who tabloids called” the crypto prince of Kentucky,” is being detained by police at the scene and charged with kidnapping, unlawful possession of weapons, assault, and unlawful imprisonment. Although the 24-year-old aide to Woeltz was detained, she is not facing the same fees. William Duplessie, 33, the leader of the company Pangea Blockchain International, turned himself in on Tuesday and was charged also to Woeltz. Duplessie, who was born in Miami, showed up in court on Friday wearing a prison standard. – Thinking level- According to details provided by local press, Michael Valentino Teofrasto Carturan, an Italian bitcoin entrepreneur, visited John Woeltz’s rented apartment on May 6 when he arrived from Italy, where it costs$ 30, 000 per month. According to the police, Woeltz and Duplessie demanded the access code to his cryptocurrency assets once they arrived there and had taken his technological possessions and card. According to local media reports, the two men reportedly tortured Carturan by striking him with a shotgun, pointing the weapons in his mouth, and taking him to the building’s second ground where they threatened to throw him out the window. He is a 37-year-old person without any previous criminal history. He has a degree in philosophy and graduated from college. Wayne Ervin Gosnell, Woeltz’s attorney, stated at a court hearing on Thursday that he has been extremely successful in the engineering industry. In exchange for a$ 2 million bond, the security requested Woeltz’s conditional release in New York. Additionally, Gosnell noted that Woeltz is said to be “owning a secret plane, he owns a plane.” Although Woeltz doesn’t have a jet or a plane, he does live an extremely beautiful life, according to the New York Post and TMZ, which published racy photos of the offenders partying at the New York bar The Box. The Soho house, which is alleged to have been the location of the alleged abduction, is also frequently attended by The Post. As bitcoin, the most popular cryptocurrency, has reached historic highs, there have been more robberies or attempted abductions in the world of cryptocurrency in recent months. These acts are not new for Adam Healy, CEO of Station70, a company specializing in bitcoin shelter; he was involved in a situation years ago when an American traveling to Egypt was kidnapped for his bitcoin property. Healy said,” I believe the speed and the cruelty are increasing.” Healy attributed a substantial increase in crime to the rising price of bitcoin in the last six to eight months, noting that “people who are known to hold blockchain or professionals at crypto companies, or anything else on that line, are being targeted by a wide range of diverse criminals.” He claimed that “it’s a bigger objective,” and they are made more effective by the ease with which huge payloads may be transferred without any supervision as long as the bitcoin consumer can log in. It was “kind of difficult to get it” according to Healy when you wanted to steal something that was high net worth and they had, I don’t recognize, ten million bucks in their JP Morgan account. You don’t just go to the lender and deposit a million dollars, they said.

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