$3M Bail Denied in NYC Case Tied to Crypto Kidnapping

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William Duplessie has been formally charged in a case involving the kidnapping and assault of an Italian cryptocurrency investor, Michael Valentino Teofrasto.

In keeping with a report by Related Press on Could 30, Duplessie has been indicted on fees together with kidnapping, assault, illegal imprisonment, and unlawful possession of a weapon.

The fees have been filed by a Manhattan grand jury, and the main points will stay sealed till the arraignment scheduled for June 11.

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He turned himself in to the New York Police Division on Could 27 and later requested to be launched on $1 million bail. That request was denied because of the seriousness of the case.

John Woeltz, who was additionally charged on Could 24, didn't seem in courtroom however requested to be launched on a $2 million bond. His lawyer, Lawyer Wayne Gosnell, said that Woeltz has no prior prison report and holds a level in philosophy. He additionally advised the choose, "He’s been very profitable within the expertise world".

Nonetheless, the courtroom dominated that Woeltz should stay in custody whereas the case strikes ahead.

A 3rd suspect, Beatrice Folchi, was additionally arrested. She faces fees of first-degree kidnapping and illegal imprisonment, however has been launched because the investigation continues. Authorities haven't confirmed whether or not she's going to face extra fees later.

The incident passed off on Could 6 in a rented townhouse in Manhattan’s Soho space. Teofrasto was held and tortured for over two weeks till he managed to flee.

Moreover, reviews stated that two New York Metropolis cops have been concerned on this kidnapping case. How? Learn the complete story.

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