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New York authorities apprehended William Duplessie on May 27 as the third suspect in a disturbing cryptocurrency-related kidnapping case. The 33-year-old surrendered after days of negotiations with NYPD investigators, marking another development in a growing trend of violent crypto crimes across major cities.
Court documents reveal both Duplessie and previously arrested John Woeltz had professional ties to a Manhattan-based crypto hedge fund. This connection raises questions about potential insider knowledge being weaponized against investors, though authorities haven't confirmed motive.
【NYPD data】 shows a 240% increase in crypto-related violent crimes since 2023, prompting major exchanges to implement new security protocols last month.
Italian visitor Michael Teofrasto described horrific treatment during his captivity in a SoHo townhouse. Attackers used tasers, water torture and firearm threats to coerce his crypto credentials. ——"They kept shocking my wet feet while demanding private keys,"—— the 28-year-old testified.
The victim's escape on May 15 triggered a multi-agency manhunt. Investigators found sophisticated surveillance equipment at the crime scene, suggesting careful planning.
Following this incident and similar cases in France, crypto firms are adopting military-grade protection measures. Three major exchanges confirmed hiring former intelligence operatives; one implemented 24/7 executive protection details.
Legal experts note the case's unusual combination of financial crime and physical violence could set precedent for future prosecutions. Woeltz faces four felony charges including kidnapping for ransom, with bail denied ahead of his May 28 hearing.
As this story develops, authorities warn investors against discussing crypto holdings in public spaces. The NYPD has established a dedicated task force to combat what Commissioner Tisch calls "a dangerous new frontier in organized crime."