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Second crypto investor charged in alleged kidnapping, torture for Bitcoin access

  • On May 6, cryptocurrency investors John Woeltz and William Duplessie kidnapped a man in a Soho townhouse and held him captive for 17 days in Manhattan.
  • They threatened the victim's family and tortured him to force him to reveal his Bitcoin password amid a rise in crypto-related violence.
  • The victim endured beatings, electric shocks, being dangled from a five-story staircase, and forced drug use before escaping bloodied and shoeless on a Friday.
  • Authorities discovered a collection of items inside the townhouse, including cocaine, a saw, lengths of chicken wire, protective vests, night vision equipment, bullets, and photographs showing the victim with a gun pressed to his head.
  • Woeltz and Duplessie face kidnapping and assault charges, with Woeltz jailed since arrest and bail denied despite his attorney's defense citing his background and fight intent.
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WNYW broke the news in San Francisco, United States on Tuesday, May 27, 2025.
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