Third Arrest Made in New York Over Kidnapping of Italian Businessman

May 28, 2025

William Duplessie and John Woeltz were arrested in New York for allegedly kidnapping and torturing a 28-year-old Italian businessman to access his Bitcoin holdings. Beatrice Folchi, Woeltz's assistant, was also arrested but released pending further investigation. The case is part of a trend of crypto-related violent crimes.

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