Prosecutors alleged that crypto investors John Woeltz and William Duplessie kidnapped and tortured a 28-year-old Italian man in a SoHo townhouse in an effort to gain access to his Bitcoin. The Associated Press reported the allegations and several 2025 court developments, but those reports do not establish guilt or the case’s current status as of October 8, 2026.
What prosecutors allege
According to the Associated Press, prosecutors said Woeltz and Duplessie lured the man to a SoHo townhouse on May 6, 2025, threatened his family and held him for 17 days while seeking access to his Bitcoin. The victim was not publicly identified in that report. These are allegations, not findings of fact. Associated Press reporting, 2025
What was reported about the court proceedings
May 2025: Duplessie indicted
The Associated Press reported that a Manhattan grand jury indicted Duplessie in May 2025. At that point, the report said both men remained in custody. It also described a police investigation involving two detectives who had worked security at the townhouse; that detail does not establish that the detectives witnessed or participated in criminal conduct. Associated Press reporting, May 2025
Bond development for Woeltz
An earlier Associated Press report said Woeltz was released on a $1 million bond and noted an expected October court date at the time. This was a 2025 update, not confirmation of his present status or of the case’s outcome. Associated Press reporting, 2025
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What the defense has said
Defense attorney Wayne Gosnell said, “He’s ready to fight this case.” That is a statement of the defense’s position, not a court finding. Associated Press reporting, 2025
What is and is not established
An indictment is an accusation, not proof of guilt. Manhattan District Attorney materials state that defendants are presumed innocent unless and until proven guilty. Manhattan District Attorney’s Office
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The cited reporting establishes that prosecutors made the allegations and that the AP reported the indictment and bond development in 2025. It does not verify the defendants’ current court status or the case’s outcome as of October 8, 2026. A current determination requires an official docket record or an updated statement from the Manhattan District Attorney’s Office.
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