Cops arrest third suspect accused of brutally torturing man for bitcoin riches

So-called "wrench attacks" are more common as bitcoin's value increases, reports say.

May 27, 2025 - 22:08
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Cops arrest third suspect accused of brutally torturing man for bitcoin riches

Police have arrested a third suspect linked to one of the most extreme bitcoin-related kidnapping and torture cases in the United States, The New York Times reported.

The arrest came after an Italian man, Michael Valentino Teofrasto Carturan, escaped a luxury Manhattan townhouse after three weeks of alleged imprisonment.

Running to a traffic agent for help, he later told police that he was tortured by colleagues for his bitcoin password, "bound with electrical cords and whipped with a gun," his feet submerged in water while a Taser gun sent jolts through his body, the NYT reported. At times he feared for his life—allegedly once held suspended from the ledge of the fifth-story building—but he seemingly never gave up his password, a resistance that only prompted more extreme violence.

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