High-Profile Case Involving Allegations of Torture and Kidnapping
In a high-profile case involving allegations of torture and kidnapping related to cryptocurrency, John Woeltz has secured his release on a $1 million bond. This decision came after Judge Gregory Carro granted bail on Thursday, with Woeltz facing charges alongside his co-defendant, William Duplessie. Both men were indicted last month on serious charges, including unlawful imprisonment and assault, following the harrowing ordeal of a crypto investor who had escaped from captivity.
The Incident
The incident dates back to May 6, when the unidentified victim, who had traveled from Italy, was reportedly lured to a luxury townhouse in SoHo. After enduring a traumatic experience where he was allegedly bound, shocked, and threatened with a firearm to access his Bitcoin assets, the victim managed to escape and sought help from a passing traffic officer. Details of his time in captivity reveal shocking treatment at the hands of Woeltz and Duplessie, who have both pleaded not guilty, asserting that their alleged victim had the freedom to move about and socialize during his stay.
Current Status of Defendants
Currently, Duplessie is expected to serve his confinement in a Miami residence, while Woeltz’s exact location in New York remains confidential. Both individuals will be monitored via ankle bracelets for the duration of their release.
Investigation and Public Reaction
Additionally, the case has drawn the attention of Mayor Eric Adams, whose private security officers are now under investigation after it was revealed they transported the victim from the airport to the location where he was held. Prosecutor Sania Khan pointed out during a recent hearing that the actions of abuse victims can often defy societal expectations, highlighting the complexities of such traumatic situations.
Awaiting Trial
As the judicial process continues, a trial date for the two defendants has yet to be established, leaving both the crypto community and the public anxious for developments in this concerning case.
