According to Cointelegraph, two police officers from the New York Police Department have been assigned to modified duties due to their alleged involvement in a kidnapping and abuse incident related to a cryptocurrency trader. Coledro, a member of Mayor Eric Adams' security team, is accused of picking up the victim, Katulan, and providing security services. ABC11 reported that the investigation is ongoing, and the mayor's office expressed shock at the news. Katulan claims he was kidnapped for 17 days, with the kidnappers trying to force him to reveal his cryptocurrency wallet password. Waltz and Duplessis have been charged with kidnapping and abuse. Waltz has been indicted by a grand jury, and his bail request was denied. Both Coledro and Lo have multiple complaint records, and Lo is awaiting a decision on the related complaints.