Italian Millionaire Lured to NYC to Reclaim Stolen Bitcoin in Crypto Torture Case, Prosecutors Say

We’re getting a more in-depth have a look at the alleged plot undertaken by two NYC suspects accused of kidnapping an Italian man and torturing him to acquire a password to his Bitcoin fortune … prosecutors revealed in court docket this week the sufferer was allegedly lured to Manhattan in an try and reclaim a few of his forex that had already been stolen.

John Woeltz and William Duplessie, two hard-partying “crypto bros” residing in an 8-bedroom SoHo townhouse, are in custody after a barefoot and bloody Michael Valentino Teofrasto Carturan approached a cop on the road final week and stated he’d simply escaped from being imprisoned and tortured on the residence.

Prosecutors allege Woeltz and Duplessie had beforehand compelled Carturan, a multimillionaire, to ship them Bitcoin after they threatened to kill his household. Woeltz and Duplessie allegedly advised Carturan he might get his Bitcoin again if he personally confirmed up in New York, which he did in early Could.

Woeltz, 33, and 37-year-old Duplessie allegedly took 28-year-old Carturan’s passport and units, then certain him by his wrists and proceeded to torture him over the course of 17 days — he was allegedly pistol-whipped, shocked with electrical wires, and threatened with being shot. His household was additionally allegedly additional threatened. The suspects wished Carturan to surrender the password to his Bitcoin pockets, prosecutors say.

Carturan advised authorities the 2 suspects reduce his leg with a noticed, urinated on him, and compelled him to smoke crack cocaine from a pipe held to his mouth. He stated an AirTag was tied round his neck with chain or wire.

Woeltz — referred to as the “Crypto King of Kentucky” — allegedly hung Carturan over a ledge from the highest flight of stairs within the townhouse. Carturan lastly stated he would give them the password from his laptop computer laptop … and as Woeltz went to retrieve the laptop computer, Carturan ran down the steps and out the entrance door, and flagged down a site visitors cop, who known as 911. His barefoot interplay was caught on digital camera.

Woeltz was arrested on Friday, Could 23, on the townhouse. Duplessie was arrested Tuesday when he turned himself in at a police station.

Prosecutors say a search warrant on the townhouse recovered a noticed, crack cocaine, hen wire, T-shirts that includes footage of Carturan with the pipe in his mouth, Polaroid footage of Carturan with a gun pointed at his head, and different gadgets, together with firearm ammunition and physique armor. Blood was additionally present in elements of the residence, matching places the place Carturan described he’d been tortured.

Carturan was handled for his accidents at Bellevue Hospital.

A supply with direct information tells TMZ … the NYPD detective who allegedly picked up Carturan on the airport serves as a member of New York Mayor Eric Adams‘ safety element … and is now below investigation in relation to this case.