Crypto king has court hearing in NYC torture case
Digest more
Lawyers for John Woeltz, charged in the crypto kidnapping case, raised questions about the timing of his arrest and evidence discovery during a court hearing. Authorities say Woeltz and his partner knew the victim,
The high-profile Bitcoin kidnapping case was back before a judge in Manhattan on Wednesday, but proceedings were put on hold due to a legal deadline tied to the suspect's arrest.
John Woeltz, 37, and his alleged accomplice, William Duplessie, 33, started frequenting the NYC nightclub, The Box.
The duo was spotted there on multiple nights in a row, reportedly spending between $80,000 and $100,000 during each visit.
The tortured and wounded victim escaped John Woeltz's house of horrors in an ordeal authorities described as “The Wolf of Wall Street” meets “American Psycho."
The headline-grabbing tale of an Italian man who said he was kidnapped and tortured for weeks inside an upscale Manhattan townhouse by captors seeking his bitcoin highlights a dark corner of the cryptocurrency world: the threat of violence by thieves seeking digital assets.
Sources said cryptocurrency investor John Woeltz took the man's passport, tied him up, tortured and photographed him until the man managed to escape and alert authorities.