Two well-known crypto figures, John Woeltz and William Duplessie, have been arrested after allegedly kidnapping and torturing an Italian man to get into his multimillion-dollar Bitcoin wallet.
Two NYPD detectives are also being looked at as suspects. They’re accused of secretly acting as private security during the abduction.
A small plan to get back some stolen crypto turned into a brutal 17-day stretch of beatings and threats inside a fancy Manhattan townhouse. Now it’s turning into one of the wildest crime stories NYC has seen in a while, dragging in big crypto names, serious violence, and even a couple of cops who might’ve been in on it. The whole thing’s got the crypto world and pretty much everyone else watching in disbelief.
From Crypto Hustle to Full-On Crime Scene
John Woeltz, who people in the scene know as the “Crypto King of Kentucky,” is now at the center of a wild case. He was accused of kidnapping and torturing Italian national Michael Valenti
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