William Duplessie and John Woeltz, the two suspects behind New York City’s Bitcoin torture plot earlier this summer, were each granted $1 million bail this week on charges tied to the NYC crypto torture case, ABC News reported on Thursday. William Duplessie, John Woeltz, Land Bail in Shock Case According to the July 24 report, […]
NYC Crypto Torture Case Suspects Granted Million Dollar Bail Read More »
New York law enforcement has seized over $440,000 in stolen cryptocurrency as part of an ongoing multi-agency investigation into a sophisticated crypto scam that preyed on Russian-speaking communities through deceptive Facebook ads. The fraudulent scheme, which reportedly caused over $1 million in losses in Brooklyn alone, lured hundreds of victims into investing in fake cryptocurrency
New York Officials Seize $440K From Facebook Crypto Scam Targeting Russian Speakers Read More »
Key Takeaways: New York City Comptroller Brad Lander firmly rejected Mayor Eric Adams’s proposal to issue Bitcoin-backed municipal bonds. Lander warned that using volatile crypto assets to fund infrastructure and housing projects could undermine investor confidence in the city’s debt. Political tensions escalate as Lander (a mayoral candidate) positions himself as a fiscal pragmatist against
NYC Comptroller Rejects Mayor Adams’s “Bitbond” Proposal as Legally and Fiscally Flawed Read More »
Two NYPD officers—including one who serves as a security detail for New York City Mayor Eric Adams—have been placed on modified duty as the department investigates their possible connection to the recent crypto kidnapping of an Italian national in Manhattan, reports emerged Thursday. Detective Drove Victim to Kidnap Site, Reports Claim According to reports, both
Two NYPD Allegedly Officers Caught in Crypto Kidnapping Storm, Duties Curtailed Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure John Woeltz’s story has taken a dramatic turn following reports of kidnapping and assault. Woeltz, also known as the ‘Crypto King of Kentucky,’ has been arrested for torturing a Bitcoin investor in an attempt to steal their coins and now faces up
A 37-year-old crypto investor is facing multiple felony charges after allegedly kidnapping and torturing a man inside a luxury Manhattan townhouse for nearly three weeks in a failed attempt to steal his Bitcoin. John Woeltz, originally from Kentucky, was arrested Friday morning after the 28-year-old victim, a visitor from Italy, managed to escape and flag
Manhattan Crypto Investor Charged in Violent Bitcoin Extortion Plot Read More »
Bitcoin Magazine Attendees At First New York City Crypto Summit Implore Mayor Adams To End The BitLicense Today, New York City hosted its first ever crypto summit. The event took place at Gracie Mansion, the mayor’s residence, and was attended by prominent figures from the crypto industry, many of whom are based in New York.
Attendees At First New York City Crypto Summit Implore Mayor Adams To End The BitLicense Read More »
