New Arrest in Manhattan's Cryptocurrency Abduction Case
Policy

New Arrest in Manhattan's Cryptocurrency Abduction Case

A third suspect has been apprehended in connection with the kidnapping and abuse of an Italian crypto investor, highlighting a troubling trend of violent incidents involving cryptocurrency users.

Incident Summary

A man named William Duplessie has surrendered to New York City police, allegedly involved in the brutal abduction and torture of Italian cryptocurrency investor, Michael Valentino Teofrasto Carturan. Reports indicate that Duplessie had been participating in a plot to extort access to Carturan’s bitcoin wallet through both physical and psychological means.

Details of the Case

  • Carturan was reportedly held captive for nearly three weeks in a Manhattan townhouse after being ambushed by former fund partners John Woeltz and Beatrice Folchi.
  • Allegations state that during his captivity, he faced torture and physical threats aimed at coercing him into yielding his crypto assets, valued in millions.
  • The ordeal began on May 6, leading to his eventual escape where he notified authorities.

Context

This case marks the third arrest in a troubling series of violent incidents linked to cryptocurrency, highlighting a growing trend of dangerous attacks on users within the crypto community. Similar events have been reported globally, exacerbating concerns about the safety of individuals dealing with digital currencies.

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