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Crypto Investors Arrested for Kidnapping and Torturing Man in Soho

Eyewitness News ABC7NYJune 5, 20251 min4,054 views
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Kidnapping and Torture in Soho

  • πŸ’‘ Two crypto investors, John Waltz and William Duplexie, are accused of kidnapping and torturing an Italian man in a luxury Soho townhouse.
  • 🎯 The victim was lured from Italy by threats against his family and subsequently held for nearly three weeks.
  • ⛓️ Upon arrival, the victim's passport and electronics were confiscated, and he was subjected to beatings, electric shocks, and physical restraint.

Allegations of Extreme Abuse

  • ⚠️ Prosecutors allege that the torture included urinating on the victim and forcing him to smoke crack cocaine.
  • πŸ’° The motive for the alleged crimes was to obtain the victim's cryptocurrency.
  • ⚑ The victim eventually agreed to give up his crypto passwords, but managed to escape when the defendants went to retrieve his laptop.

Legal Ramifications

  • βš–οΈ Both defendants are currently held without bail.
  • πŸ‘¨β€βš–οΈ John Waltz is expected back in court today, while William Duplexie was denied $1 million bail.
  • ⏳ If convicted, the defendants face a minimum of 15 to 25 years in prison, with a maximum sentence of life imprisonment.
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What’s Discussed

CryptocurrencyKidnappingTortureSoho CrimeJohn WaltzWilliam DuplexieItalian VictimElectric ShocksCrack CocaineBail DenialPrison Sentence
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