Two males charged with assaulting a kidnapped bitcoin dealer with a chainsaw, a gun, and a cattle prod in an try to get him to surrender his keys have been launched on bail.
Woeltz, who’s often known as the “crypto king of Kentucky,” and Duplessie have been in custody since Could and stand accused of luring an unnamed Italian crypto dealer to Woeltz’s SoHo townhouse the place he was held towards his will for 2 weeks and subjected to quite a few types of torture.
These included being assaulted with a gun, cattle prod, and chainsaw, and being doused in tequila and set alight.
The pair additionally allegedly threatened to have the sufferer’s household killed.
Throughout their arraignment final month, the protection argued that there’s video of the kidnapped BTC dealer “having the time of his life” whereas at Woeltz’s New York tackle.
Nonetheless, the prosecution countered by saying that “victims of abuse are not always going to act in a way that we expect people to do,” and claiming that conversations with different legislation enforcement companies recommend that Woeltz and Duplessie have tortured individuals earlier than.
Prosecutors additionally revealed that, throughout a search of a property in Kentucky with hyperlinks to Woeltz, they discovered proof that he had beforehand toyed with the thought of kidnapping individuals to steal their crypto.
Choose Gregory Carro claimed that regardless of this, there are quite a few credibility points, and that bail could be granted whereas he continues to evaluate proof.