Former FBI agent Frank Carey (Ray Stevenson) embarked on a dark road of revenge after the gang killed his wife and children. He became the secret "punisher" in this city, which frightened many criminals in the city. He wore a skull uniform representing the punisher and shuttled through this sinful city. A newly emerged gangster Billy (Dominic West) began to clamor to the punisher and also led the major gangs in the city. But after a fierce fight, Billy was finally defeated by the punisher's gun. However, after some time, a mysterious man named Crazy Jim (Doug Hutchison) appeared in the city. He not only had the same beliefs as Billy, but also his methods were more outrageous-not only did he want to unify the gangs, but also to kill the gang leaders of other gangs, to be the real oligarch boss in the city, and even he challenged the punisher to put him to death! During the investigation, the Punisher gradually discovered Jim's true identity, which surprised him...