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Crypto Kidnap Case Puts NYPD Officers Under Investigation

1 June 2025
in Blockchain
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Two New York Metropolis cops have been moved to limited-duty roles whereas investigators look into their doable ties to a latest kidnapping case involving cryptocurrency.

In line with a report from The New York Instances on 29, Detective Roberto Cordero, a part of Mayor Eric Adams’ safety group, picked up investor Michael Valentino Teofrasto Carturan from the airport and drove him to the townhouse.

The opposite officer, Detective Raymond J. Low, was reportedly concerned in guarding the constructing the place Carturan stated he was held.

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Each officers are presently underneath inside overview and have been reassigned to non-operational duties. Metropolis officers say Cordero was working off-duty when he drove Carturan, whereas Low might have been paid privately by one of many suspects to offer safety.

NYPD officers want official permission to tackle aspect jobs in personal safety. The Inside Affairs division is dealing with the investigation.

Two males have been charged within the case, John Woeltz, also referred to as the “crypto king of Kentucky”, and William Duplessie, a Swiss nationwide who co-founded a crypto funding agency.

Woeltz was formally indicted by a grand jury on Might 29. His lawyer requested a $2 million bond by arguing that Woeltz has no felony document and holds a philosophy diploma. In the meantime, Duplessie stays in custody, along with his indictment nonetheless pending.

Not too long ago, Vietnamese authorities arrested 5 people accused of working a large-scale crypto scheme referred to as Matrix Chain. How did the police uncover the case? Learn the complete story.

Aaron S. Editor-In-Chief

Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Conflict II period.With near a decade of expertise within the FinTech trade, Aaron understands the entire largest points and struggles that crypto fanatics face. He’s a passionate analyst who is worried with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and trade newcomers.Aaron is the go-to particular person for every little thing and something associated to digital currencies. With an enormous ardour for blockchain & Web3 training, Aaron strives to remodel the area as we all know it, and make it extra approachable to finish rookies.Aaron has been quoted by a number of established retailers, and is a broadcast writer himself. Even throughout his free time, he enjoys researching the market developments, and on the lookout for the subsequent supernova.



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