Crimes involving cryptocurrency are increasingly common and aggressive. A recent case in New York highlights severe brutality.
Incident Details
Two defendants are currently accused of torturing Italian millionaire Michael Valentino Teofrasto Carturan in his New York apartment over an alleged $100 million in Bitcoin. Defense attorneys claim the alleged torture resembled a 'fraternity-like rite of passage.'
Release Conditions
One defendant, John Woeltz, was released after two months at Rikers Island on a $1 million bail. He is subject to home confinement with electronic monitoring, allowing him to leave only for attorney meetings or emergencies.
Charges Against the Detainees
Prosecutors assert the duo kidnapped and tortured Carturan for over three weeks, taking his phone and passport. They reportedly inflicted physical beatings and made threatening comments about Carturan's family in Italy.
This situation underscores the growing issue of violence associated with cryptocurrencies and highlights the need for increased attention to security in this area.
