NYC Crypto King and Accomplice Charged with Kidnapping, Torture

NYC Crypto Kidnapping: Two Men Charged After Alleged Torture of Bitcoin Investor New York City—In a shocking turn of events, two men have been arrested and charged in connection with the kidnapping and torture of a 28-year-old man in a luxury Soho townhouse. John Woeltz, dubbed the "Crypto King of Kentucky," and William Duplessy, a 32-year-old crypto investor, face charges of kidnapping, assault, and unlawful imprisonment. The victim, reportedly a former business partner of Woeltz, was held captive for over two weeks and subjected to brutal torture in an attempt to force him to reveal his Bitcoin password. Court documents detail the horrific ordeal, stating that the victim was "beaten, shocked, cut with a saw, and even dangled over a staircase." The victim managed to escape and alert authorities, leading to the discovery of disturbing evidence at the crime scene, including a saw, drugs, night vision goggles, and photos of the victim with a gun held to his head. Police found blood in multiple rooms of the townhouse. "I have no comment about the case," stated Woeltz's lawyer, declining to answer questions about the allegations. Duplessy also chose not to comment. The victim is currently hospitalized with injuries to his face and wrists. The case highlights the dangers of cryptocurrency-related crimes and underscores the need for increased security measures in the digital asset space. The investigation is ongoing.