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NYC crypto kidnapping suspect out on bond, fitted with digital monitor

newyork-newsBy newyork-newsAugust 1, 2025No Comments2 Mins Read
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NYC crypto kidnapping suspect out on bond, fitted with digital monitor
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A crypto investor charged with kidnapping an Italian man in a Manhattan townhouse for days in an effort to steal his Bitcoin was launched Thursday on $1 million bond, in keeping with prosecutors.

John Woeltz was fitted with an digital monitor and ordered to dwelling confinement throughout an look in Manhattan prison courtroom, mentioned Rachel Greatest, a spokesperson for the Manhattan District Legal professional Alvin Bragg’s workplace.

He additionally needed to give up his passport and agreed to go away his condominium just for emergencies, physician appointments and courtroom appearances, she mentioned.

Bragg’s workplace had opposed the bail request, saying he has the means to flee, together with a personal jet and a helicopter. Woeltz’s co-defendant, William Duplessie, stays in custody. Their subsequent courtroom date is in October, in keeping with Greatest.

The 2 males have pleaded not responsible to fees of kidnapping, assault, illegal imprisonment and prison possession of a weapon. Authorities haven’t recognized the sufferer.

The NYPD is looking for out whether or not any of its detectives have been ever contained in the Manhattan townhouse the place an Italian businessman was allegedly held and tortured for weeks. NBC New York’s Gaby Acevedo reviews. 

Prosecutors say that on Could 6, Woeltz and Duplessie lured the person to a townhouse in Manhattan’s posh SoHo neighborhood by threatening to kill his household. Then, they tormented him with electrical wires, compelled him to smoke from a crack pipe and at one level dangled him from a staircase 5 tales excessive, prosecutors mentioned.

The person mentioned he ultimately agreed at hand over his pc password, then managed to flee after 17 days of captivity. When his captors went to retrieve the gadget, he ran barefoot and bloodied to the closest police officer.

The attorneys have beforehand argued that pictures and movies present the accuser participated willingly in group intercourse, drug use and different actions and was in a position to come and go freely from the SoHo home.

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