Two NYPD Allegedly Officers Caught in Crypto Kidnapping Storm, Duties Curtailed

Bitcoin Kidnapping New York

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Julia Smith

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Julia Smith

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Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

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May 30, 2025

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Two NYPD officers—including one who serves as a security detail for New York City Mayor Eric Adams—have been placed on modified duty as the department investigates their possible connection to the recent crypto kidnapping of an Italian national in Manhattan, reports emerged Thursday.

Detective Drove Victim to Kidnap Site, Reports Claim

According to reports, both detectives in question were working as off-duty security for the alleged crypto criminal, though whether they received prior approval from the department is unknown.

One of the detectives, a veteran with nearly 20 years of experience, reportedly drove the Italian crypto kidnapping victim from the airport to the luxury SoHo apartment where he was eventually held captive.

“Every city employee is expected to follow the law, including our officers, both on and off duty,” the mayor’s office said in a statement. “We are disturbed by these allegations, and as soon as it came to our attention, the officers were placed on modified duty.”

Two Arrested in Shock Crypto Kidnapping

News of the scandal comes just one week after the unidentified Italian businessman escaped the weeks-long crypto crime ordeal that saw him shocked, tortured and held at gunpoint.

Crypto businessmen John Woeltz and William Duplessie allegedly lured the victim to New York City on May 6 after threatening to kill his family in a bid to gain access to his Bitcoin.

The hostage escaped barefoot when Duplessie and Woeltz turned their backs on him shortly after he revealed his Bitcoin password. Reports indicate that the anonymous victim may have been a business partner of Duplessie and Woeltz, although this has not been confirmed.

The family of Woeltz told The New York Post on Monday that the multimillionaire may have been “manipulated” into the crime himself.

“He’s a kind, caring, loving person, so he was completely controlled by other people,” Woeltz’s relative told the media outlet.