logo
Second suspect surrenders in kidnapping, torture of Italian bitcoin investor in New York

Second suspect surrenders in kidnapping, torture of Italian bitcoin investor in New York

Malay Mail7 days ago

NEW YORK, May 28 —A second suspect in the alleged kidnapping and torture of an Italian bitcoin investor in New York surrendered yesterday, authorities said.
Police on Friday arrested John Woeltz, 37, of Kentucky, on suspicion of brazenly kidnapping and torturing an Italian cryptocurrency entrepreneur for weeks in a luxury Manhattan townhouse in order to extort his bitcoin password.
New York City Police Chief Jessica Tisch said on Fox 5 that the second suspect in the case, William Duplessie, was also taken into custody Tuesday morning.
'We do have someone that we were looking for, Mr Duplessie, in custody. As of this morning, 7:45, he turned himself in at our 13th precinct,' Tisch said.
'We know he is going to be charged with Mr Woeltz with kidnapping and false imprisonment of an associate in Soho,' said.
Duplessie, who according to US media is 33 and comes from Miami, Florida, surrendered to police clad in black pants and a white shirt, photos from the scene showed.
The name of the alleged victim has not been published, but US media reports identified him as Italian bitcoin entrepreneur Michael Valentino Teofrasto Carturan.
According to reports, Carturan arrived in New York from Italy on May 6 and went Woeltz's home.
There, Woeltz, described by the New York Post as 'Kentucky's crypto boss,' and Duplessie confiscated the victim's electronic devices and passport, and demanded access to his bitcoin accounts, according to police.
After the victim refused, the two men tortured him for two weeks, tying his wrists, hitting him with a rifle, pointing a gun at his face, threatening to throw him off the roof of the five-story building and promising to kill his family members, media reports said.
Several details of the story remain murky, including exactly why the victim had agreed to come to the townhouse in an upscale SoHo neighborhood, and whether he revealed anything of use to the kidnappers. —AFP

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

White House says Trump, Xi will ‘likely' talk this week
White House says Trump, Xi will ‘likely' talk this week

Free Malaysia Today

time5 hours ago

  • Free Malaysia Today

White House says Trump, Xi will ‘likely' talk this week

Donald Trump said in April that Xi Jinping had called him, but China denied the presidents had spoken recently. (EPA Images pic) WASHINGTON : US President Donald Trump and China's President Xi Jinping will likely hold a long-awaited call later this week, the White House said today, as trade tensions between the world's two biggest economies ratchet back up. Trump reignited strains with China last week when he accused the world's second-biggest economy of violating a deal that had led both countries to temporarily reduce huge tit-for-tat tariffs. 'The two leaders will likely talk this week,' press secretary Karoline Leavitt told reporters outside the West Wing when asked whether Trump and Xi would speak. Asked about the statement today, a spokesman for China's foreign ministry said Beijing had 'no information to provide'. Trump and Xi have yet to have any confirmed contact more than five months since the Republican returned to power, despite frequent claims by the US president that a call is imminent. Trump even said in a Time Magazine interview in April that Xi had called him – but Beijing insisted that there had been no call recently. The US leader introduced in April sweeping worldwide tariffs that targeted China most heavily of all, accusing other countries of 'ripping off' the US and running trade imbalances. Beijing and Washington last month agreed to slash staggeringly high tariffs on each other for 90 days after talks between top officials in Geneva. But Trump and other top Washington officials last week accused China of violating the deal, with commerce secretary Howard Lutnick saying Beijing was 'slow-rolling' the agreement in comments to Fox News Sunday. Beijing rejected those 'bogus' US claims yesterday, and accused Washington of introducing 'a number of discriminatory restrictive measures'. Trump has separately ramped up tensions with other trade partners, including the European Union, by vowing to double global tariffs on steel and aluminium to 50% from tomorrow.

MARKET PULSE PM JUNE 3, 2025 [WATCH]
MARKET PULSE PM JUNE 3, 2025 [WATCH]

New Straits Times

time9 hours ago

  • New Straits Times

MARKET PULSE PM JUNE 3, 2025 [WATCH]

KUALA LUMPUR: News on stock, crypto and ringgit moves. Bursa Malaysia closed lower, pressured by rising trade and geopolitical tensions, along with continued foreign fund outflows for the second consecutive week. The FBM KLCI slipped five points to end at 1,503. Among the top decliners were British American Tobacco Malaysia, Panasonic Manufacturing Malaysia and Hong Leong Financial Group. On the currency front, the ringgit ended slightly firmer at 4.2470 against the US dollar. In the cryptocurrency market, Bitcoin was trading around RM470,958. Ethereum edged up to RM11,089, and Solana hovered at RM677. That's it for Market Pulse.

Vietnam firms to sign MoUs to buy US$2bil of US farm produce
Vietnam firms to sign MoUs to buy US$2bil of US farm produce

Free Malaysia Today

time10 hours ago

  • Free Malaysia Today

Vietnam firms to sign MoUs to buy US$2bil of US farm produce

Vietnam has been slapped with 46% reciprocal tariffs by the Trump administration. (EPA Images pic) HANOI : Vietnamese firms will sign memorandums of understanding (MoUs) with US partners to buy US$2 billion worth of American farm produce, the agriculture ministry said today, part of efforts to seal a new trade deal between the two countries. Vietnam has been slapped with 46% 'reciprocal' tariffs by the Trump administration. Though they have been paused until July, if they come into effect they could seriously undermine a growth model that relies on exports to the US, its top market. The new deals, signed during a visit to the US by a delegation of 50 Vietnamese companies led by agriculture minister Do Duc Duy, include 5 MoUs to buy US$800 million of products from Iowa over three years, the agriculture ministry said. 'The Iowa MoUs involve purchases of corn, wheat, dried distillers grains and soybean meal,' it added. Vietnam and the Trump administration have been holding negotiations on a trade agreement, with Vietnam pledging to allow more US imports to narrow the trade gap between the two countries. The US registered a trade deficit of US$123 billion with Vietnam last year. Vietnam last year bought US$3.4 billion worth of US farm produce, and exported US$13.68 billion of its own agricultural products to the US, Vietnam News Agency reported. Vietnam has also pledged to buy other American products, including Boeing planes and liquefied natural gas. It has also promised to crack down on counterfeits and digital piracy after the US accused the country of being a major hub for these illegal activities.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store