At a “frat house with essentially unlimited funds,” drug-fueled orgies and hazing rituals were all part of the lifestyle, defense attorneys said.

The crypto bros accused of torturing an Italian millionaire for his Bitcoin password were granted $1 million bail each Wednesday -- but won't be allowed to pay it using e-currency.

A clip emerged last week which showed the arrest of cryptocurrency investor John Woeltz who is suspected of kidnapping and torturing Italian crypto millionaire Michael Valentino Teofrasto Carturan ...

Italian national Michael Valentino Teofrasto Carturan, 28, was allegedly held from May 6 to 23 in a luxury apartment on Prince Street for by John Woeltz and William Duplessie, who stand charged ...

The entire cryptocurrency community is on edge following the alleged kidnapping and torture of seemingly obscure Italian meme coin millionaire Michael Valentino Teofrasto Carturan in a Soho apartment.

Michael Valentino Teofrasto Carturan, 28, had been forced to cough up the Bitcoin after John Woeltz and William Duplessie allegedly threatened to kill his family, ...

Woeltz was taken into custody on Friday while wearing a white bathrobe, just hours after the victim, identified as 28-year-old Michael Valentino Teofrasto Carturan, bolted from the six-story red ...

Two New York police detectives, including one who is part of Mayor Eric Adams' security detail, are under investigation for alleged ties to the case of Italian Michael Valentino Teofrasto Carturan ...

Michael Vanlentino Teofrasto Carturan, an Italian businessman, was kidnapped and tortured for his Bitcoin password by cryptocurrency investor John Woeltz. Wednesday, Jul 23, 2025.