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Crypto Kidnap Case Puts NYPD Officers Under Investigation

June 1, 2025
in Crypto Updates
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Two New York Metropolis cops have been moved to limited-duty roles whereas investigators look into their attainable ties to a current kidnapping case involving cryptocurrency.

Based on a report from The New York Occasions on 29, Detective Roberto Cordero, a part of Mayor Eric Adams’ safety crew, 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 mentioned he was held.

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Each officers are at the moment 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 supply safety.

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

Two males have been charged within the case, John Woeltz, often known 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 Could 29. His lawyer requested a $2 million bond by arguing that Woeltz has no felony report and holds a philosophy diploma. In the meantime, Duplessie stays in custody, along with his indictment nonetheless pending.

Lately, Vietnamese authorities arrested 5 people accused of working a large-scale crypto scheme known 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 Battle II period.With near a decade of expertise within the FinTech trade, Aaron understands the entire greatest 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 all the things and something associated to digital currencies. With an enormous ardour for blockchain & Web3 schooling, Aaron strives to rework the house as we all know it, and make it extra approachable to finish freshmen.Aaron has been quoted by a number of established shops, and is a broadcast writer himself. Even throughout his free time, he enjoys researching the market tendencies, and on the lookout for the subsequent supernova.



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Tags: CaseCryptoinvestigationKidnapNYPDOfficersPuts
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