William Duplessie was indicted for a crypto torture case involving kidnapping and torturing an Italian businessman.

John Woeltz, 37, and William Duplessie, 33 -- face kidnapping, assault and unlawful imprisonment charges in the case.

The Euro exec became a person of interest in the case after the arrest of Kentucky crypto king John Woeltz on Friday for allegedly holding wealthy trader Michael Vanlentino Teofrasto Carturan

The recent case of an Italian tourist who was kidnapped in New York City and tortured by people allegedly after his cryptocurrency is drawing attention to a rash of crimes dubbed "wrench attacks," which combine cybertheft with old-fashioned thuggery.

William Duplessie, 33, stood before a judge in Manhattan Criminal Court wearing a beige prison smock and his arms cuffed behind his back as he awaited a grand jury indictment.

The pair of hard-partying crypto bros accused of sadistically torturing an Italian millionaire lured him to New York City with the promise of returning Bitcoin they had allegedly stolen from him

The second suspect in the SoHo crypto torture case has surrendered and now faces charges including kidnapping and assault.

Many digital asset investors have decided to ensure safety by investing in kidnapping and ransom (K&R) policies. Crypto investors were seeking K&R policies due to increased physical attacks witnessed in recent months. Insurance firms have been preparing these policies for crypto investors.

The service of the two officers has been "modified," the NYPD confirmed, as an internal review into their potential connection to the crypto millionaire's torturers is underway.