Key Points: Crypto Bigwig Arrested in SoHo Torture Case
- Police expect the crypto bigwig arrested after his Memorial Day stay in the Hamptons
- Cops charged Kentucky crypto king John Woeltz with kidnapping and assault
- The victim, Michael Carturan, reportedly endured brutal torture for his Bitcoin password
- Attackers held Carturan at a luxury SoHo townhouse for several days
- Investigators confirmed a chainsaw, taser, and threats from a stairwell were used
- Officers arrested Beatrice Folchi but prosecutors released her pending review
- The case exposes a spike in violent crypto crimes tied to rising Bitcoin prices
Crypto Bigwig Arrested After Horror in SoHo Bitcoin Plot
A crypto kingpin celebrated Memorial Day in the Hamptons—while cops circled.
Police tracked down a Swiss crypto executive linked to the violent SoHo kidnapping of an Italian Bitcoin millionaire. Sources say this crypto bigwig will be arrested after his weekend getaway.
He promised to surrender this week.
Crypto Tycoon Targeted Italian Millionaire
The plan was brutal and precise.
Michael Valentino Teofrasto Carturan, a $30 million Bitcoin trader from Italy, walked into a trap. He accepted an invitation to a Manhattan townhouse. Once inside, the situation turned terrifying.
Attackers tied him up and demanded his crypto access.
Kentucky Crypto King Now Behind Bars
Authorities already took one suspect off the street.
Police arrested John Woeltz on Friday. He’s a wealthy Kentucky investor worth $100 million. Officers say he masterminded the torture.
They charged him with kidnapping, assault, and weapons possession. The judge ordered him held without bail.
Victim Survives Days of Brutality
Carturan’s ordeal pushed the limits of cruelty.
Sources revealed the captors tasered him while soaking his feet. They beat him with a pistol. One attacker even urinated on him.
Then, they grabbed a chainsaw.
Blades sliced into his arms and legs. He screamed, but no one came.
Another Suspect Released but Still on Police Radar
Police detained Beatrice Folchi, 24, during the operation.
Folchi, an assistant to Woeltz, landed in custody but walked free. The Manhattan DA held off on charging her—at least for now.
Investigators continue to question her role in the scheme.
Swiss Trader Parties While Police Wait
The manhunt turned to the Hamptons.
Sources say the Swiss executive made contact through his attorney. He told investigators he would turn himself in after his long weekend in luxury.
“He’s not hiding,” a source confirmed. “He’s soaking up the sun.”
Witness Describes Escape After Final Assault
Carturan finally escaped on Friday afternoon.
His captors had dropped their guard. With blood on his face and cuts on his limbs, he bolted from the townhouse. A neighbor spotted him staggering on Prince Street and called 911.
Paramedics rushed him to Bellevue Hospital.
Bellevue Doctors Treat Crypto Victim
Hospital staff moved quickly.
They treated deep cuts, bruises, and electrical burns. Although doctors haven’t released an official update, a source close to the case said Carturan remains stable and alert.
He’s lucky to be alive.
Experts Warn Crypto Violence Is Surging
As Bitcoin’s value climbs, criminals see opportunity.
“It’s not just online hacks anymore,” warned cybercrime expert Julian Healey. “They’re targeting people physically. This case proves that no one is safe.”
Healey urged traders to avoid advertising their wealth.
Crypto Industry Faces a Dark Reality
This arrest has shocked the crypto world.
For years, insiders whispered about shady deals and underground players. But chainsaws and stairwell threats marked a chilling escalation.
Traders, investors, and tech pros are suddenly worried.
Cops Close In as Evidence Builds
Police collected several items at the SoHo townhouse.
Officers seized laptops, USB drives, burner phones, and crypto wallets. A digital forensics team is analyzing the data now.
Detectives believe the suspects exchanged messages about the plan weeks in advance.
Charges Loom for Swiss Crypto Executive
Right now, he remains free.
But not for long.
Investigators say he played a key role in the crime. Once he steps off his private ride from the Hamptons, they plan to book him immediately.
He won’t be able to vacation through this one.
Social Media Explodes with Crypto Warnings
News of the torture case spread fast.
Crypto forums lit up with warnings, advice, and fear. Traders started sharing tips on physical security—alongside price predictions.
One Reddit user wrote, “It’s not just passwords we’re protecting anymore. It’s our lives.”
Final Word: Luxury, Lies, and Blood on the Floor
The crypto boom has turned violent.
A millionaire lies in a hospital. One crypto titan sits in jail. Another finishes rosé in the Hamptons.
But soon, police say we’ll see the crypto bigwig arrested, charged, and forced to answer for a nightmare hidden in a SoHo townhouse.
