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After Weeks Of Torture Over Bitcoin Password, Italian National Escapes NYC Townhouse: DA
A second suspect was arrested in connection with a twisted kidnapping and torture plot that played out inside a luxury New York City townhouse that was all over stolen Bitcoin, prosecutors said.
William Duplessie, 32, surrendered to NYPD detectives on Tuesday morning, May 27, days after his partner, 37-year–old John Woeltz, was charged with holding an Italian business associate hostage for over two weeks, the Manhattan DA’s Office said.
Duplessie and Woeltz, the so-called “Crypto King Of Kentucky,” abducted the victim on Tuesday, May 6, at a townhouse on Prince Street in Nolita and stole hi…
Father-Son Scammers In Maryland Sentenced For Laundering Millions Through Drugs, Bitcoin: Feds
A 72-year-old Maryland father and his 38-year-old son have been sentenced for a money laundering conspiracy involving Bitcoins and Xanax, federal authorities announced.
Joseph Farace, 72, of Sparks, Maryland, received a 19-month federal prison sentence that will be followed by two years of supervised release.
His son, Ryan Farace, of Reisterstown, a previously convicted felon, got a 54-month sentence, US Attorney for the District of Maryland Erek L. Barron said in a joint release.
Ryan Farace was first convicted for a scheme to manufacture and sell Xanax in exchange for Bitcoin throu…
