๐Ÿšจ Wealthy Italian Crypto Investor Kidnapped and Tortured in New York Over Bitcoin Access ๐Ÿ’ฐ๐Ÿ”’

A shocking real-world crypto crime unfolded in May 2025, when Italian crypto millionaire Michael Valentino Teofrasto Carturan was kidnapped, held captive for 17 days, and tortured โ€” all in a ruthless attempt to force him to surrender access to his Bitcoin fortune.

๐Ÿ—ฝ What Happened?

Carturan was lured to New York City under the false promise of recovering previously stolen crypto assets. Once there, he was abducted by a group posing as "helpers" and taken to an apartment in SoHo. For over two weeks, he was tied up, beaten, burned, and starved, as his captors demanded his wallet credentials.

๐Ÿ’ป The motive? His multi-million dollar Bitcoin holdings โ€” and the growing trend of targeting known crypto holders through real-world violence.

๐Ÿ‘ฎโ€โ™‚๏ธ How It Ended:

Carturan escaped on May 23 and alerted NYPD, leading to arrests and a deeper investigation into a global web of crypto extortion and phishing rings.

๐Ÿ’ก Why This Matters:

Crypto crimes are no longer just online โ€” high-profile holders are now real-world targets.

It shows the dangers of revealing wealth publicly, especially in decentralized finance.

It marks one of the most extreme โ€œwrench attacksโ€ (physical force used to steal crypto).

๐Ÿ” Lessons for All Crypto Investors:

Avoid publicizing wallet sizes or crypto wealth.

Use multi-signature and hardware wallet setups.

If you're moving large amounts of crypto, have legal and physical protection plans.

Stay vigilant โ€” crypto is borderless, but so is the risk.

This terrifying incident is a wake-up call: If you're holding digital gold, protect it like real gold.

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