Bitcoin Kidnapping Suspects Granted $1 Million Bail as New Torture Details Emerge
MANHATTAN, NEW YORK CITY, JUL 24 – Manhattan judge set $1 million bail each for two suspects accused of kidnapping and torturing an Italian bitcoin millionaire to obtain his cryptocurrency password.
- On Wednesday, Justice Gregory Carro set bail at $1 million each and ordered home confinement, citing the torture allegations.
- Abducted on May 6, 2025, the victim was held for nearly three weeks inside a five-story SoHo townhouse.
- They drugged him, beat him with a gun and shocked him with electric wires, prosecutors allege, while also pistol-whipping, setting him on fire, head butting and waterboarding.
- Bondsman Ira Judelson will handle their release and monitoring, and Justice Gregory Carro barred cryptocurrency payments, with both men required to wear ankle monitors.
- Duplessie and Woeltz are due back in court on October 15, 2025, and if convicted of kidnapping, they could face life imprisonment.
27 Articles
27 Articles
Suspect in NYC crypto kidnapping, torture case allegedly involved his assistant: DA
One of two men charged with torturing an Italian cryptocurrency holder inside a luxury New York City townhouse repeatedly messaged an assistant to keep eyes on the alleged victim, according to prosecutors at the Manhattan district attorney's office.
Suspects in New York crypto kidnapping case granted bail
Two men accused of torturing and holding a man hostage in a Manhattan townhouse for several weeks as they tried to access his cryptocurrency were granted bail Wednesday, according to updated case information.
Suspects in NYC crypto kidnapping torture plot granted $1 million bond
The suspects accused of kidnapping and torturing an Italian man inside a luxurious SoHo apartment in a bid to access his cryptocurrency password were granted bail by a Manhattan judge Wednesday. After hearing arguments from their lawyers and the Manhattan district attorney, state Supreme Court Judge Gregory Carro said he would release William Duplessie, 33, and John Woeltz, 37, of Kentucky, to home confinement on million-dollar bonds and strict …
Accused NYC crypto bro kidnappers granted $1M bail — but judge warns they can’t pay in Bitcoin
The crypto bros accused of torturing an Italian millionaire for his Bitcoin password were granted $1 million bail each Wednesday -- but won't be allowed to pay it using e-currency.


NYC Crypto Bros Granted $1M Bail After Alleged Bitcoin Kidnapping and Torture
The two NYC "crypto bros" accused of kidnapping and torturing an Italian millionaire to extract his Bitcoin password were granted $1 million bail each.
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