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

The dismissal by the Securities and Exchange Commission comes days after Binance began listing USD1, a cryptocurrency launched by a crypto firm started by President Donald Trump’s family.

An alleged kidnapping in New York is the latest instance in which authorities say cryptocurrency-related crimes have involved real-world violence

Like co-defendant John Woeltz, the second suspect is expected to face charges of kidnapping, assault and unlawful imprisonment, police sources said.

Crypto investments present upside along with significant risks, experts said.

The headline-grabbing tale of an Italian man who said he was kidnapped and tortured for weeks inside an upscale Manhattan townhouse by captors seeking his bitcoin highlights a dark corner of the cryptocurrency world: the threat of violence by thieves s...

Stephen Kates, a financial analyst at Bankrate, discusses the launch of Fidelity Crypto, a service that lets customers invest in cryptocurrency via a self-directed IRA.

The crypto tokens could change everyday payments. But they pose risks.

John Woeltz is facing charges involving a 28-year-old Italian man who says he was lured to a SoHo townhouse from Italy, held captive and tortured for three weeks to get his bitcoin password.

The alleged victim, 28, told police he arrived in New York from Italy on May 6 and went to the home of the suspect, identified by police as John Woeltz.

Police say the alleged abduction and torture of an Italian tourist was a part of a twisted scheme to get his Bitcoin password.  

Trump hosted the black-tie event in a personal capacity, the White House said.

Some investors in President Trump's meme coin visited the White House Friday, despite officials saying a gala held for them was outside Trump's official duties.

President Trump praised the top investors in his cryptocurrency meme coin at an exclusive black-tie dinner Thursday as protesters demonstrated outside the event.

Aaron Klein, a senior fellow in economic studies at the Brookings Institution, discussed the fallout following President Donald Trump's crypto gala Thursday.

Ben McKenzie, author of “Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud,” explains the digital currency, and who’s investing.

President Donald Trump hosted a black tie gala for top investors in his cryptocurrency venture, an event some critics are slamming as buying access to the most powerful man in the world.

President Donald Trump has hosted top investors for one of his cryptocurrency projects at his luxury golf course in Northern Virginia

Ether, the second-largest cryptocurrency, jumped 6%. The $TRUMP memecoin, a cryptocurrency launched by President Donald Trump in January, increased by nearly 6%.

The price of bitcoin surged past $110,000 for the first time.

Bitcoin hit a new all-time high as the world’s most popular cryptocurrency reached price levels not seen since President Donald Trump’s inauguration

The Senate voted 66-22 late Monday to advance the GENIUS Act, a bill that aims to regulate some cryptocurrencies.

The Senate voted 66-22 to advance the measure late Monday.

The Securities and Exchange Commission reached a settlement with a crypto firm with ties to the White House in order to resolve a years-long case against them.

ABC News’ Jay O’Brien reports on the GENIUS Act, a bill that would create a regulatory framework for a type of cryptocurrency known as stablecoins.

An Abu Dhabi-backed investment firm is making a $2 billion investment in a crypto business deal that could serve as a major boost for the Trump family's crypto venture.

On “This Week,” John Reed Stark and Eric Lipton analyze the Trump family’s profit off of cryptocurrency.

On “This Week,” ABC News’ Chief Investigative Correspondent Aaron Katersky reports on Trump’s crypto firm, World Liberty Financial.

After once calling cryptocurrency a scam, Donald Trump has thrown his support behind World Liberty Financial, a crypto venture whose business model is largely unclear.

The Trump administration is pulling back its enforcement of crypto regulations, disbanding a unit dedicated to cryptocurrency enforcement

The Bureau of Prisons has transferred former crypto mogul Sam Bankman-Fried out of a detention center in New York, sources familiar with the matter told ABC News.

The SEC has ended its yearslong case and appeal against the cryptocurrency firm Ripple Labs, whose CEO has ties to the White House, the CEO said Wednesday.

ABC News’ Juju Chang spoke with cryptocurrency analyst Wendy Owusu to unpack how Friday's White House summit might, or might not, benefit everyday Americans.

White House Crypto czar David Sacks argued taxpayers have lost out on billions because earlier administrations never took advantage of bitcoin in the government's possession.

Crypto czar David Sacks argued taxpayers have lost out on billions because earlier administrations never took advantage of bitcoin in the government's possession.

The United States Secret Service said it has seized a Russian cryptocurrency exchange website, according to court documents unsealed on Friday.

Senior fellow of economic studies at The Brookings Institute, Aaron Klein, joined ABC News Live with a reaction to the Trump administration's crypto policies and planned cryptocurrency summit.

A California Democrat plans to introduce the Modern Emoluments and Malfeasance Enforcement Act, or MEME Act, on Thursday.

The price of bitcoin, the original and most popular cryptocurrency, dropped below $88,000 or more than 7% Tuesday, its lowest level since November.

The price of bitcoin dropped Tuesday to its lowest level since November.

Democratic lawmakers are asking federal regulators to look into legal and ethical questions around the meme cryptocurrency coins launched by Donald Trump.

The cryptocurrencies were launched last week.

"GMA" discusses what to expect from the new administration and its commitment to cryptocurrency.

The world’s largest cryptocurrency is still up around 36% since Election Day.

Bitcoin and crypto have been making headlines for surging after the presidential election. But what exactly is it? ABC News’ Alexis Christoforous shares what you need to know.

The price of bitcoin has climbed more than 50% since the election of Trump.

The price of bitcoin topped $100,000 for the first time last week.

The slide interrupted a rally set off by the election of Trump.

The price of bitcoin has surged more than 40% since Election Day.

The price of bitcoin has soared nearly 50% since Election Day.