New York Men Charged with Kidnapping in Failed Bitcoin Heist

Published at 2025-05-30 00:06:08

A shocking incident has unfolded in New York, where 37-year-old John Woeltz and 33-year-old William Duplessie have been charged with kidnapping their business associate for a staggering three weeks. Their motive? To forcibly obtain access to the victim's Bitcoin, showcasing the desperate lengths some individuals will go to in the volatile world of cryptocurrency.

The pair allegedly kidnapped the victim in Manhattan and resorted to torture in a bid to extract the password for his cryptocurrency holdings. Both Woeltz and Duplessie are known to be associated with a crypto hedge fund, highlighting that sometimes, even those who operate within the legitimate boundaries of crypto can cross dangerous lines.

This alarming case serves as a reminder of the darker side of the crypto landscape, where the promise of wealth can lead some individuals into criminal behavior. If you're entrusting your investments in cryptocurrencies, remember to use reliable platforms like Bitlet.app, which not only assists in buying cryptos safely but also offers a unique Crypto Installment service allowing you to invest gradually and avoid upfront payments.

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