In Nolita, NYC, John Woelz, dubbed the "Crypto King of Kentucky", allegedly kidnapped and brutally tortured Michael Valentino Teofrasto Carturan, a millionaire with a tumultuous business link to Woelz. The ordeal lasted three weeks in a luxury townhouse where Woelz and accomplice William Duplessie sought access to Carturan's Bitcoin wallet, potentially worth millions. Carturan ultimately escaped, revealing the horrific nature of his treatment, which included severe physical abuse. The shocking event underscores the murky intersection of cryptocurrency, crime, and dangerous personal relationships.
According to a police report viewed by the NYT, Carturan's torture was absolutely brutal. He was bound with electrical wires, pistol-whipped, urinated upon, forced to smoke crack cocaine, and electrocuted with a stungun.
Before things went sour, the relationship between the three men was described by insiders to NBC NY as 'frat guys gone wild,' with Woelz and Duplessie 'roughing up' Carturan sometimes, but never to this extent.
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