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NYC Crypto Kidnapping, Torture Case: 2 Men Plead Not Guilty to Charges

  • Two crypto investors, William Duplessie and John Woeltz, pleaded not guilty on June 11, 2025, to kidnapping and torturing an Italian man in a Manhattan SoHo townhouse.
  • On May 6, 2025, the two men allegedly persuaded the 28-year-old victim to come to a Manhattan townhouse by intimidating him with threats against his family in order to obtain his Bitcoin password, following years of electronic communication.
  • Prosecutors describe brutal tortures including electrical wire beatings, forced crack pipe smoking, dangling from a five-story staircase, and cutting with a chainsaw, while lawyers dispute these claims citing video and photo evidence of the victim’s freedom.
  • Duplessie, 33, and Woeltz, 37, were remanded without bail and are scheduled to appear in court again on July 15, 2025; prosecutors highlighted their possession of weapons and accused supporters of selectively releasing videos to misrepresent the facts.
  • This case highlights security risks for wealthy cryptocurrency investors and ongoing investigations, including a federal raid on their Kentucky home linked to the alleged violent crimes in Manhattan.
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There are no reports of where or how many were taken into custody on Wednesday.

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TMZ broke the news in Los Angeles, United States on Wednesday, June 11, 2025.
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