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Bitcoin Kidnapping Suspects Granted $1 Million Bail as New Torture Details Emerge

Home confinement was ordered with cash-only bail after prosecutors detailed waterboarding and other brutal methods used to extract a bitcoin password.

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John Woeltz, 37, appears for arraignment in Manhattan Criminal Court after he was arrested for allegedly holding an Italian tourist hostage in an apparent scheme to steal the man's crypto currency fortune in New York City, U.S., May 24, 2025.
William Duplessie, left, and John Woeltz, are pictured in court during a hearing Tuesday, July 15, 2025 in Manhattan, New York. (Barry Williams/ New York Daily News)
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Overview

  • Manhattan Supreme Court Justice Gregory Carro approved $1 million bail for William Duplessie and John Woeltz and barred cryptocurrency payments.
  • Prosecutors’ July 23 filings describe waterboarding, chainsaw attacks, fire and other torture tactics used over 17 days in a SoHo townhouse.
  • Assistant District Attorney Sarah Khan said evidence suggests at least two other victims were held and abused on separate occasions.
  • Defense attorney Sanford Talkin argued surveillance footage and party videos show the alleged victim attended the townhouse willingly.
  • Investigators seized a loaded gun, chainsaw, knives, zip ties and other devices as prosecutors prepare to introduce physical evidence at trial.