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Third Suspect Surrenders in Manhattan Bitcoin Kidnapping Case

His surrender marks the latest step in the probe into the abduction of an Italian cryptocurrency investor held captive for three weeks in a Manhattan townhouse used by attackers to extract his bitcoin password.

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John Woeltz was known as the "crypto king of Kentucky."
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Overview

  • William Duplessie turned himself in to NYPD on May 27 after days of negotiations and now faces charges of kidnapping and false imprisonment.
  • Michael Valentino Teofrasto Carturan was abducted on May 6, held at gunpoint and tortured in a NoLiTa townhouse before escaping on May 23.
  • John Woeltz was arrested on May 24 and charged with assault, kidnapping and illegal gun possession, while Beatrice Folchi had her prosecution deferred and was released.
  • Officers seized photographs of the abuse, multiple firearms, a ballistic vest and broken furniture during a raid on the $30,000-a-month property.
  • Investigators say the case highlights a growing pattern of violent schemes targeting cryptocurrency holders to force wallet access.