William Duplessie, a 33-year-old cryptocurrency entrepreneur, surrendered to New York City police on May 27, 2025, in connection with the kidnapping and torture of Italian crypto investor Michael Carturan. Duplessie is the second suspect apprehended in this high-profile case, following the earlier arrest of his alleged accomplice, John Woeltz.

Carturan, 28, was reportedly lured to a SoHo townhouse under the pretense of a business meeting. Once there, he was held captive for nearly three weeks, during which he endured severe physical abuse, including electric shocks and threats with a chainsaw. The captors aimed to extract the passcode to Carturan's Bitcoin wallet, which reportedly contained around $30 million.

Duplessie and Woeltz had professional ties with Carturan through a shared cryptocurrency venture. Woeltz, known as the “Crypto King of Kentucky,” was arrested earlier and is currently held at Rikers Island without bail. Another associate, Beatrice Folchi, was also arrested but released pending further investigation.

Duplessie, who co-founded the now-liquidated Pangea Blockchain Fund, turned himself in accompanied by his lawyers. He faces multiple charges, including assault, kidnapping, unlawful imprisonment, and illegal firearm possession.

This case has drawn significant attention due to the suspects' affluence, cryptocurrency ties, and the brutality of the crime. It…