Third Arrest Made in High-Profile Kidnapping of Bitcoin Investor in New York

Summary

A third suspect, William Duplessie, was arrested in New York for the kidnapping of a 28-year-old Italian businessman, who was held captive for two weeks in a Manhattan apartment. Duplessie and John Woeltz allegedly tortured the victim to access his Bitcoin holdings. Charges against Duplessie include second-degree assault, first-degree kidnapping, unlawful imprisonment, and criminal possession of a firearm. Beatrice Folchi, Woeltz's assistant, was also arrested but released pending further investigation. The case highlights a rise in crypto-related violent crimes, with recent incidents in Paris leading to the arrest of 12 suspects. If convicted, Duplessie and Woeltz face a minimum of 15 years to life in prison.