NYC Crypto Kidnapping Case: Proceedings Delayed by Legal Deadline

Case Adjourned Due to Legal Deadline

• 📌 The high-profile Bitcoin kidnapping case in Manhattan was adjourned this morning due to discrepancies and a crucial legal deadline.
• ⚖️ Prosecutors must file a certificate of grand jury action by tomorrow morning for the case to proceed.

Allegations Against Suspects

• 👤 John Waltz, a 37-year-old crypto investor, is charged with kidnapping, assault, and unlawful imprisonment.
• 💸 Prosecutors allege Waltz and his business partner, William Duplexie, tortured an Italian man to steal his Bitcoin wallet, valued at millions.
• ⛓️ The victim was allegedly held captive for three weeks in a Soho apartment, subjected to torture including electric shocks, a saw, and forced drug use.
• ⚠️ Defendants are accused of threatening the victim and his family with death if he did not reveal his Bitcoin password.

Victim's Escape and Accomplice's Surrender

• 🏃 The victim managed to escape last Friday and alerted a nearby traffic agent.
• 🤝 The alleged accomplice, William Duplexie, surrendered to police on Tuesday and was arraigned last night.
• 🗓️ Duplexie's next court appearance is scheduled for May 30th.

Current Status of Suspects

• 🔒 Both Waltz and Duplexie are currently being held without bail in lower Manhattan.
• 🗣️ Waltz's defense attorney offered no comment beyond what was stated in court.