Kentucky Mansion Belonging to Alleged Crypto Fraudsters Raided by Authorities
Authorities Conduct Multi-Agency Raid in Connection with Torture and Kidnapping Allegations
A luxurious mansion in Smithland, Kentucky, owned by two men at the center of a high-profile cryptocurrency torture case, was raided by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) and the New York City Police Department (NYPD) on Tuesday. The property, which is valued at approximately $1 million, has garnered attention due to the serious allegations against its owners, John Woeltz and William Duplessie.
Details of the Mansion and the Raid
The sprawling six-bedroom, ten-bathroom home features various upscale amenities, including a swimming pool and tennis court, and is situated along the banks of the Ohio River. Woeltz, who refers to himself as the "Crypto King of Kentucky," and his partner Duplessie purchased the mansion in January using cash, according to a publication.
The raid involved a considerable number of law enforcement vehicles, including unmarked SUVs and trucks, which were captured on video arriving at the property in the small town of Smithland, which has a population of less than 300 residents. It remains unclear whether anyone was present in the mansion at the time of the raid.
Background on the Owners and Allegations
Woeltz, 33, and Duplessie, 37, are currently incarcerated and facing charges related to a gruesome incident involving the torture of an associate, Michael Carturan. The pair is accused of kidnapping Carturan and holding him captive for 17 days in a New York residence, where they allegedly subjected him to horrific abuse in an attempt to extract the password to his cryptocurrency wallet, reportedly containing $28 million.
At a recent court hearing, prosecutors presented new evidence suggesting that Woeltz and Duplessie may have also held two additional individuals against their will. This evidence included a disturbing photograph of them allegedly setting Carturan on fire, enhancing the gravity of the charges against them.
Community Reaction and Property Ownership
Residents of Smithland have expressed concern over the unusual activity surrounding the mansion. A neighbor, Joshua Johnson, noted that while the duo attempted to integrate into the local community by joining societies and hosting events, there were persistent rumors and suspicions about illicit activity linked to the property. "There was an awful lot of traffic, cars coming and going nonstop," he remarked, indicating an undercurrent of mistrust regarding the two men.
Property records reveal that the mansion was acquired through a Wyoming LLC incorporated shortly before the purchase, further complicating the ownership details. A real estate source stated, "Their cash was good and that’s all I know," concerning the transaction.
Continued Investigation
Authorities have not disclosed whether any items of interest were recovered during the raid. The investigation into Woeltz and Duplessie continues to unfold, as they remain charged with serious offenses, including kidnapping and unlawful imprisonment. Both individuals have pleaded not guilty to the charges. Legal representatives for Woeltz and Duplessie have not provided comments on the ongoing situation.
The striking news of the raid and the disturbing allegations against the self-styled "crypto bros" have attracted significant media attention, drawing a broader discussion about safety and the implications of cryptocurrency-related activities, particularly in local communities.
As the case develops, further details are expected to emerge, shedding light on both the individuals involved and the impact of their alleged criminal activities.
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