Second suspect in New York crypto kidnapping and torture case surrenders to police
A second suspect surrendered to police Tuesday morning in the harrowing case of a cryptocurrency trader who was allegedly kidnapped, tortured and held hostage in a Manhattan apartment for several weeks.
The man turned himself in following the Friday arrest of 37-year-old John Woeltz, who was arrested after the victim escaped the apartment where he was allegedly held hostage.
Miami resident William Duplessie, 33, is being charged with assault, kidnapping, unlawful imprisonment and criminal possession of a firearm, according to a law enforcement official.
Police had already arrested Kentucky native Woeltz for allegedly holding the wealthy Italian cryptocurrency trader hostage as part of a violent scheme to obtain his Bitcoin password. Police said the 28-year-old victim arrived from Italy on May 6 and was held hostage inside the SoHo apartment for several weeks.
CNN has reached out to Woeltz's attorney for comment and is working to identify an attorney for Duplessie.
Prosecutors in Manhattan say the victim, who has not been identified, was tortured for days, threatened to be killed, and at one point dangled over a railing if he did not give up his Bitcoin password.
When the victim refused to provide the two men with his Bitcoin password, they subjected him to torture, the Manhattan District Attorney said. The beatings included but were 'not limited to' using electric wires to shock him, pointing a firearm at his head and using that firearm to strike him in the head. The two men also bound the victim's wrists and said they would have his family killed, according to the district attorney.
Woeltz was arraigned Saturday on charges of first-degree kidnapping, second-degree assault, first-degree unlawful imprisonment, and criminal possession of a firearm, according to the Manhattan District Attorney's office.
Woeltz did not enter a plea at his initial court appearance and was ordered held without bail. He is expected to be back in court on Wednesday, according to a court docket.
A third person, a woman identified as Beatrice Folchi, was also detained in connection with the case, but Manhattan prosecutors declined to charge her pending an investigation, according to a spokesperson for the Manhattan District Attorney's Office.
The victim was taken to a hospital and treated for injuries that prosecutor Michael Mattson said were consistent with his descriptions of being bound and assaulted, the Associated Press reported.
A search of the townhouse turned up a trove of evidence, Mattson said, including cocaine, a saw, chicken wire, body armor and night vision goggles, ammunition and polaroid photos of the victim with a gun pointed to his head, the AP also reported.
CNN's Michelle Watson contributed to this report.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
40 minutes ago
- Yahoo
Amplify ETFs Declares May Income Distributions for its Income ETFs
CHICAGO, May 29, 2025 (GLOBE NEWSWIRE) -- Amplify ETFs announces May income distributions for its income ETFs. ETF Name Ticker Amount per Share Ex-Date Record Date Payable Date Amplify Bitcoin Max Income Covered Call ETF BAGY $1.46125 5/29/25 5/29/25 5/30/25 Amplify Bitcoin 2% Monthly Option Income ETF BITY $1.16540 5/29/25 5/29/25 5/30/25 Amplify Samsung SOFR ETF SOFR $0.36001 5/29/25 5/29/25 5/30/25 Amplify CWP Growth & Income ETF QDVO $0.24218 5/29/25 5/29/25 5/30/25 Amplify Bloomberg U.S. Treasury 12% Premium Income ETF TLTP $0.22480 5/29/25 5/29/25 5/30/25 Amplify COWS Covered Call ETF HCOW $0.20505 5/29/25 5/29/25 5/30/25 Amplify CWP International Enhanced Dividend Income ETF IDVO $0.16875 5/29/25 5/29/25 5/30/25 Amplify CWP Enhanced Dividend Income ETF DIVO $0.16548 5/29/25 5/29/25 5/30/25 Amplify High Income ETF YYY $0.12000 5/29/25 5/29/25 5/30/25 Amplify Natural Resources Dividend Income ETF NDIV $0.11379 5/29/25 5/29/25 5/30/25 About Amplify ETFsAmplify ETFs, sponsored by Amplify Investments, has over $10 billion in assets across its suite of ETFs (as of 4/30/2025). Amplify ETFs delivers expanded investment opportunities for investors seeking growth, income, and risk-managed strategies across a range of actively managed and index-based ETFs. To learn more, visit Sales Contact:Amplify ETFs 855-267-3837 info@ Media Contacts: Gregory FCA for Amplify ETFsKerry Davis 610-228-2098 amplifyetfs@ This information is not intended to provide and should not be relied upon for accounting, legal or tax advice, or investment recommendations. To receive a distribution, you must be a registered shareholder of the fund on the record date. Distributions are paid to shareholders on the payment date. There is no guarantee that distributions will be made in the future. Your own trading will also generate tax consequences and transaction expenses. Past distributions are not indicative of future distributions. Please consult your tax professional or financial adviser for more information regarding your tax involves risk, including the possible loss of principal. Amplify ETFs are distributed by Foreside Services, while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
an hour ago
- Yahoo
Parma Ask Inter Milan For Teenage Sensation On Loans In Talks For France U21 Striker
Parma Ask Inter Milan For Teenage Sensation On Loans In Talks For France U21 Striker Parma have asked Inter Milan for teenage striker Francesco Pio Esposito as part of talks for their own striker Ange-Yoan Bonny. This according to Italian outlet FCInterNews. Inter Milan are reportedly pushing to sign Parma striker Ange-Yoan Bonny. Advertisement The Nerazzurri have identified the 21-year-old as their main target in attack at the start of the transfer window. There are even reports that they could try and bring him in before the Club World Cup next month. Therefore, Inter have been very active in starting the negotiations with Parma for Bonny's signature. Reportedly, the Emilian club would want a fee of around €20 million for the Frenchman. Parma Ask Inter Milan For Pio Esposito As Part Of Bonny Talks RIMINI, ITALY – MARCH 19: Francesco Pio Esposito of Italy U21 during the Italy U21 Training Session on March 19, 2024 in Rimini, Italy. (Photo by) According to FCIN, Parma have asked Inter about the possibility of singing teenage striker Francesco Pio Esposito as part of talks for Bonny. Advertisement Should the Gialloblu sell Bonny this summer, it would leave a big vacancy in their attack. Therefore, Parma will look to sign a like-for-like replacement for the Frenchman. And Pio Esposito would certainly represent a compelling option in this regard. Pio Esposito has come off the back of an outstanding season in Serie B with Spezia. He has scored eighteen goals for the Ligurian club. Should Spezia win promotion to Serie A, then he could remain there on loan for another season. Spezia face Cremonese in a two-legged promotion playoff, with the first leg this evening. However, should Spezia falter in that playoff final, then Inter will loan Pio Esposito out to another team in Serie A so that the 19-year-old can gain top flight experience. Advertisement As FCIN note, Inter believe Pio Esposito will be their and Italy's starting striker in years to come. Therefore, Inter would have no intention of selling the teenage striker outright. Or of loaning him out with a purchase option. This is why the Nerazzurri have strongly resisted the interest from Napoli in Pio Esposito's signature. In the meantime, Bologna are reportedly keen on loaning in Pio Esposito. However, it could be the Rossoblu's Emilian rivals Parma who have the advantage. They could utilize Inter's interest in Bonny to get a deal done for Pio Esposito on loan.
Yahoo
an hour ago
- Yahoo
Three Serie B Clubs Eyeing Up Inter Milan Starlet On Loan This Summer
Three Serie B Clubs Eyeing Up Inter Milan Starlet On Loan This Summer Three clubs in Serie B are eyeing up a loan move for young Inter Milan midfielder Luca Di Maggio. This according to Italian outlet FCInterNews. They report that Juve Stabia, Modena, and Bari are keen on the 20-year-old after his impressive loan spell with Perugia. Advertisement Young Inter Milan midfielder Luca Di Maggio spent the season just gone on loan with Perugia in Serie C. Therefore, this was the 20-year-old's first season of regular first team football. And it was a successful campaign for Di Maggio as he looked to find his feet in the senior game. Juve Stabia, Modena & Bari Keen On Inter Milan Midfielder Luca Di Maggio FLORENCE, ITALY – JANUARY 17: Luca Di Maggio of Italy in action during the International Friendly between Italy U19 and Spain U19 at Centro Tecnico Federale di Coverciano on January 17, 2024 in Florence, Italy. (Photo by) Now, Inter Milan will decide what the next step will be for Luca Di Maggio. Reportedly, the Nerazzurri had been considering putting the Italy Under-20 international into their Under-23 team next season. Inter will have the intermediate team, similar to the Juventus Next Gen and AC Milan Futuro sides, for the first time starting next campaign. Advertisement However, FCIN report, there is also interest from other clubs in loaning Di Maggio. After a successful season in the Italian third tier, meanwhile, it could be time for a move up a division for the 20-year-old. Therefore, FCIN report that there are three teams in Serie B who want to loan in Di Maggio. These are Juve Stabia, Modena, and Bari.