• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Ripple Donates ‘Skull of Satoshi’ to Bitcoin Community

    Ripple Donates ‘Skull of Satoshi’ to Bitcoin Community

    James Wynn Faces $99M Bitcoin Liquidation Amid Market Slip

    Brazilian Fintech Méliuz Launches $78.6M Bitcoin Share Offering

    Meta Shareholders Reject Bitcoin Treasury Proposal

    Tether Supports Twenty One Capital’s $100M Bitcoin Purchase

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Cardano Faces 3% Drop Amid Market Correction

    Cardano Faces 3% Price Decline Amid Market Trends

    SEC Cautions Staked Ethereum, Solana ETF Viability

    James Wynn Aims for $1B Comeback After $60M Loss

    James Wynn’s $1B Comeback in Crypto Trading

    Shiba Inu Burns 1.17 Billion Tokens in Supply Reduction

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

NYPD Detectives Reassigned Amid Crypto Kidnapping Probe

Solomon M. by Solomon M.
May 30, 2025
in Bitcoin News
Key Points:
  • Two NYPD detectives involved in a crypto crime probe.
  • Bitcoin ransom targeted in the kidnapping case.
  • No immediate broader crypto market impact reported.
nypd-detectives-reassigned-amid-crypto-kidnapping-probe
NYPD Detectives Reassigned Amid Crypto Kidnapping Probe

In a significant development, two NYPD detectives have been placed on modified duty amid an investigation into their alleged connections with suspects involved in the kidnapping of an Italian businessman to extract Bitcoin.

Investigation and Implications

The ongoing investigation highlights the importance of strict adherence to NYPD’s guidelines on off-duty security work, given the detectives’ unauthorized involvement and associated reputational risks for the force.

The two detectives, one with 20 years of service, were allegedly employed off-duty by John Woeltz and William Duplessie. These individuals are accused of kidnapping an Italian businessman to forcefully access his Bitcoin wallet. The detectives’ roles have now been downgraded pending an internal probe.

The police department reiterated its commitment, stating that officers have been reassigned to desk duties. Officials emphasize that neither detective was involved in the crime itself, and regular city protocols are being followed.

Financial and Market Impact

Financially, no significant impact on the Bitcoin market is observed. The incident remains isolated with no institutional or exchange anomalies reported. Stakeholders within the sector continue monitoring the outcome, focusing on its regulatory and policing implications.

Historically, crypto-related crimes involving law enforcement remain rare, marking this case as severe due to potential internal policy reforms it might prompt. All eyes remain on the unfolding investigation as the NYPD asserts its stance on officer conduct and private employment.

Every city employee is expected to adhere to the law, including our officers, both in and out of duty. We are troubled by these allegations, and once we became aware of the situation, the officers were reassigned to modified duties. The investigation is ongoing. — NYPD Spokesperson, NYPD
Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Phantom Unveils Social Trading Feed in Wallet Update

Next Post

SEC Dismisses Binance Lawsuit, Future Regulatory Moves Unclear

Solomon M.

Solomon M.

Related Posts

Ripple Donates ‘Skull of Satoshi’ to Bitcoin Community

by Solomon M.
June 1, 2025

Ripple fosters unity with Bitcoin community through symbolic donation at upcoming conference.

Ripple Donates ‘Skull of Satoshi’ to Bitcoin Community

by Anca F.
June 1, 2025

Ripple donates 'Skull of Satoshi' to promote unity in Bitcoin, highlighting shared blockchain values.

James Wynn Faces $99M Bitcoin Liquidation Amid Market Slip

by Solomon M.
June 1, 2025

High-leverage trader James Wynn incurs a $99M loss following Bitcoin's 10% dip.

Brazilian Fintech Méliuz Launches $78.6M Bitcoin Share Offering

by Solomon M.
May 31, 2025

Méliuz's $78.6M share offering aims to enhance Bitcoin holdings, marking a significant shift in Brazilian fintech's strategy.

Meta Shareholders Reject Bitcoin Treasury Proposal

by Joshua T.
May 31, 2025

Meta's shareholders overwhelmingly reject a proposal to allocate part of its treasury to Bitcoin, maintaining current treasury strategies.

Tether Supports Twenty One Capital’s $100M Bitcoin Purchase

by Solomon M.
May 31, 2025

Twenty One Capital raises $100M in Bitcoin funding, with Tether backing the venture to surpass MARA Holdings.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.