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America Age > Blog > Entertainment > Cryptocurrency Investor Arrested After Allegedly Torturing Man, Hanging Him Off Ledge
Entertainment

Cryptocurrency Investor Arrested After Allegedly Torturing Man, Hanging Him Off Ledge

Enspirers | Editorial Board
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Cryptocurrency Investor Arrested After Allegedly Torturing Man, Hanging Him Off Ledge
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Cryptocurrency Investor Arrested
Cops Say He Tortured Man For Weeks …
Allegedly Hung Man Off Ledge

Revealed Might 24, 2025 11:44 AM PDT
|
Up to date Might 24, 2025 12:39 PM PDT

A cryptocurrency investor has been arrested and charged in New York Metropolis after he allegedly tortured a person for weeks — with reviews claiming he was making an attempt to acquire passwords associated to cryptocurrency.

John Woeltz — a 37-year-old Kentucky man — was arrested Friday after a 28-year-old man allegedly escaped a home within the metropolis’s SoHo neighborhood. NYPD tells TMZ he advised a police officer he’d been held captive and tortured for weeks.

Based on reviews … Woeltz allegedly lured the person — who’s believed to have had prior enterprise dealings with Woeltz — to a home on Might 6.


John Woeltz fox 5 new york sub swipe

As soon as there, the prosecutors declare Woeltz took his passport, tied him up with electrical cords, and tortured him over the 2 weeks in an effort to get his Bitcoin password.

Among the many alleged torture strategies … the alleged sufferer was pressured to take cocaine, hit with a pistol, subjected to tasering whereas his ft had been underwater, threatened with an electrical chainsaw and hung off a ledge inside the house. The alleged sufferer was taken to Bellevue Hospital.

crypto-investor-arrest-v1

Woeltz was arrested whereas sporting a bathrobe — he was seen later leaving the police precinct in a white T-shirt. A 24-year-old lady was additionally reportedly arrested in connection to the alleged crimes, although cops couldn’t affirm it.

crypto-investor-arrest-v2

Based on NYPD, Woeltz was charged with first-degree kidnapping, first-degree illegal imprisonment, second-degree assault, and legal possession of a weapon.

He appeared in courtroom Saturday the place a choose ordered he could be held with out bail, and his passport was confiscated.

TAGGED:AllegedlyArrestedCryptocurrencyHangingInvestorledgeManTorturing
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