NYC Crypto Torture Suspect
John Woeltz Free On $1 Million Bond
… No Crypto Wanted
Printed

BACKGRID
One of many New York Metropolis “crypto bros” accused of kidnapping and torturing an Italian millionaire to extract his Bitcoin password is out of police custody … and it is an costly proposition.
John Woeltz posted $1 million bond Thursday … and our photog bought him strolling out of the Manhattan Felony Courthouse.
Celeb bail bondsman Ira Judelson put collectively the bail bundle for Woeltz … and Ira connected an digital monitoring system to Woeltz’s ankle earlier than taking him to an undisclosed location in New York, the place Woeltz will probably be beneath residence confinement because the case performs out.
A choose initially denied Woeltz bail again in Might … however final week, a Manhattan Supreme Court docket Justice granted Woeltz and his alleged confederate, William Duplessie, $1 million bail every and instructed them cryptocurrency wouldn’t be accepted.
Woeltz — nicknamed the “Crypto King of Kentucky” — and Duplessie have pleaded not responsible to prices of kidnapping, assault, illegal imprisonment, and prison possession of a weapon.
The suspects allegedly lured Italian entrepreneur Michael Valentino Teofrasto Carturan to a swanky Manhattan townhouse they had been renting and stored him trapped there for over 17 days, attempting to pressure him to cough up his Bitcoin password.

5/23/25
Prosecutors say the suspects drugged Carturan, pistol-whipped him, and used electrical wires to shock him. A minimum of one of many males allegedly carried him to the highest of a staircase and threatened to throw him over a ledge if he didn’t quit his Bitcoin password. Finally, Carturan caved and pointed to a laptop computer the place the password was saved … at which level he ran down the steps and out the entrance door.

TMZ.com
On the time, TMZ obtained unique video of Carturan working away from the townhome, sprinting in direction of a visitors cop — moments earlier than Woeltz was arrested. Duplessie later turned himself in at a police precinct. Carturan was hospitalized and handled for accidents prosecutors say corroborate his account.
Cops say they searched the SoHo townhouse and uncovered cocaine, a noticed, hen wire, physique armor, evening imaginative and prescient goggles, ammunition, and Polaroids exhibiting a gun pointed at Carturan’s head, amongst different alleged proof.

TMZ.com
We additionally obtained movies and images revealing intercourse events and X-rated pranks — not precisely kidnapping and torture — had been happening inside the posh residence.