US Edition
Suspect in NYC crypto kidnapping case released on $1 million bond
MANHATTAN, NEW YORK CITY, JUL 31 – John Woeltz was released on $1 million bond with electronic monitoring while his co-defendant remains detained, accused of kidnapping to extort Bitcoin from the victim, prosecutors said.
- On Thursday, crypto investor John Woeltz was released on $1 million bond, fitted with an electronic monitor, ordered to home confinement, and surrendered his passport.
- Driven by a plan to steal Bitcoin, Woeltz and Duplessie allegedly threatened the Italian man on May 6, then tortured him with electrical wires, crack smoking, and dangled him from a staircase five stories high.
- Manhattan District Attorney Alvin Bragg’s office opposed bail, citing Woeltz’s access to a private jet and helicopter, while William Duplessie remains in custody after pleading not guilty.
- According to the Manhattan court schedule, John Woeltz must leave his apartment only for emergencies, doctor appointments and court appearances, with a next court date in October.
- As part of his escape, the Italian man, victim, fled barefoot and bloodied to police when captors went to retrieve his device, defense lawyers claim he participated willingly in activities at SoHo house.
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27 Articles
NYC Crypto Torture-Kidnapping Suspect John Woeltz Posts $1 Million Bond
One of the New York City "crypto bros" accused of kidnapping and torturing an Italian millionaire to extract his Bitcoin password is out of police custody ... and it's an expensive proposition.
·Los Angeles, United States
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NYC Crypto Torture Case: Accused Set Free After Posting $1M Bail
An accused torturer walked free this week after two months behind bars. According to a report, 37-year-old John Woeltz left Rikers Island on a $1 million bond this Thursday. His alleged partner, 33-year-old William Duplessie, remains in custody. Related Reading: Crypto In The Courtroom—2025 Class Actions Could Hit All-Time High Alleged Kidnapping And Brutality Based […]
Coverage Details
Total News Sources27
Leaning Left7Leaning Right8Center7Last UpdatedBias Distribution36% Right
Bias Distribution
- 36% of the sources lean Right
36% Right
L 32%
C 32%
R 36%
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