Swiss investor in crypto scandal: kidnapping in New York!

Swiss investor in crypto scandal: kidnapping in New York!

A shocking crypto kidnapping case is currently rocking New York City after a Swiss investor linked to one of the main suspects is expected to turn himself in to police. Loud it-boltwise.de The suspect, who is said to have worked with his business partner Joel Woeltz, kidnapped and tortured 28-year-old Michael Valentino Teofrasto Carturan to obtain his crypto wallet phrase.

Carturan, an Italian man with an estimated net worth of around $30 million, was being held in Woeltz's Soho apartment. He went to the city on May 6th, only to end up in the clutches of his tormentors a short time later. His hideout was known as a 'high-end frat house', with police finding evidence of the most brutal torture. These included Polaroid photos showing Carturan tied up and threatened with a gun.

The brutal torture methods

Investigators reported that Carturan was tortured under extreme conditions. These included violent assaults, smoking crack cocaine and psychological torture. An AirTag was placed around his neck to monitor his location within the apartment while he was tied up with electric cables and tortured with electric shocks. The perpetrators intimidated him with threats to cut off his limbs with an electric chainsaw, which resulted in numerous injuries, including a wound believed to have been caused by the chainsaw.

On May 23, Carturan finally managed to escape, seizing the opportunity when the perpetrators suggested it was his “death anniversary.” He later sought help from a traffic police officer. When police arrived, officers found Woeltz, known as the 'Crypto King of Kentucky,' barefoot and wearing a bathrobe in the trashed apartment, which was renting property for $30,000 to $40,000 a month. During their search, they discovered a weapon and other alleged evidence.

Investigations and other suspects

Loud abc7ny.com Two other people were arrested in connection with the kidnapping. Among them is Woeltz, who faces multiple charges that include kidnapping and assault. A female suspect who was also at the apartment was briefly arrested but released without charge. Another male suspect is still on the run.

After the horrific events, the apartment itself was exposed as a 'house of horrors', with broken glass and weapons found. In addition, investigations are underway against two butlers who were employed in the apartment in order to collect further information. The entire storyline has sparked concern in the crypto community and raises serious questions about security in the world of digital currencies.

As the situation continues to develop, it remains to be seen whether the Swiss investor will actually turn himself in to the police and what further revelations will come to light.