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Bitcoin torture suspect released from jail on $1 million bond after arrest

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One of many two suspects accused of torturing an Italian millionaire in an condominium in New York Metropolis about his refusal to announce his Bitcoin password, reportedly price $ 100 million, was lubricated from jail after spent two months in detention.

John Woeltz, 37, was launched from Rikers Island on a bond of $ 1 million, the New York Post reported. The discharge got here every week after a decide in Manhattan had granted Bond for Woeltz and his alleged confederate, the 33-year-old William Duplession.

Each males are accused of kidnapping and torturing the Italian crypto dealer Michael Valentino Teofrasto Carturan. Protection attorneys argued that the alleged torture was associated to ‘brotherhood -like hazing’.

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John Woeltz runs free from the Manhattan Supreme Court docket after he has been launched on $ 1 million bail, Thursday, July 31, 2025. Woeltz, an investor of Cryptocurrency in Kentucky, is accused of kidnapping and torturing an Italian vacationer in New York Metropolis in Might 2025. (Kevin Downs for Fox Information Digital)

“Mr Carturan was there within the function of a promise,” mentioned Woeltz’s lawyer, Wayne Gosnell, in an earlier listening to, in keeping with the put up. “He was primarily promised and Hazed.”

Duplession, a resident of Miami, was not launched on Thursday. Each males didn’t argue responsible.

Woeltz, a Kentucky -based investor of Cryptocurrency, prevented questions on whether or not he tortured Carturan and what it felt to be liberated from jail when he left Manhattan Supreme Court docket, De Publish reported. Sources advised the newspaper that the bond was a mix of money and actual property drawn up by the daddy of Woeltz.

John Woeltz is free from the Supreme Court docket of Manhattan after being launched after a $ 1 million bail, Thursday 31 July 2025. (Kevin Downs for Fox Information Digital)

As a situation for his bail, Woeltz might be topic to residence restriction and digital monitoring. He can solely depart his home for physician’s appointments to fulfill his attorneys or emergency conditions.

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William Duplession in police detention that leaves the thirteenth precinct stationhouse of the NYPD in Manhattan, NY, 27 Might 2025. (Barry Williams/New York Every day Information through Getty Pictures)

Public prosecutors mentioned the pair of carturan kidnapped and tortured him for 3 weeks in a mansion the place she reportedly took his digital gadgets and passport, in order that he had no entry to them.

‘Informant additional states that the defendant and the non -evicted man demanded that informant demanded Bitcoin password In order that the suspect and the non -evalued man can take the Bitcoin from Informant, “says a felony grievance.

2nd suspect held on after crypto investor accused of torturing the enterprise accomplice in NYC

When Carturan refused to disclose his Bitcoin password, the pair allegedly subjected him to “beatings, together with however not restricted to utilizing electrical wires to shock Informant, utilizing a firearm to hit Informant on the top inflicting a laceration, pointing the firearm at Informant’s head on a number of events, and Carrying Informant To The Prime Flight Of Stairs Inside The Above -Talked about Location and Hanging Informant Over The Ledge As The Defendant Threatesed To Kill Informant IF Informant didn’t present the defendant’s Bitcoin password of the informant, “the grievance added.

John Woeltz is free from the Supreme Court docket of Manhattan on Thursday, July 31, 2025. (Kevin Downs for Fox Information Digital)

Woeltz is claimed to have threatened the household of the 28-year-old sufferer in Italy whereas subjecting him to humiliation by having individuals urinate him and to drive him to take medication throughout captivity, the authorities mentioned.

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The couple is claimed to have written a manifesto about their plan to steal the Carturan cryptocurrency, mentioned prosecutors. The alleged sufferer lastly managed to flee and referred to as a close-by visitors officer.

Each defendants will seem in courtroom on October 15.

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