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Cryptocurrency Investor Arrested After Allegedly Torturing Man For Weeks
The Tycoon Herald > Entertainment > Cryptocurrency Investor Arrested After Allegedly Torturing Man For Weeks
Entertainment

Cryptocurrency Investor Arrested After Allegedly Torturing Man For Weeks

Tycoon Herald
By Tycoon Herald 2 Min Read
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Cryptocurrency Investor Arrested
Cops Say He Tortured Man For Weeks …
Allegedly Threatened to Minimize Off Limbs with Chainsaw

Revealed Could 24, 2025 11:44 AM 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 attempting 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 instructed a police officer he’d been held captive and tortured for weeks.

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


John Woeltz fox 5 new york sub swipe

As soon as there, the New York Put up claims Woeltz took his passport, tied him up with electrical cords … and, then tortured him over the 2 weeks in an effort to get his Bitcoin password.

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

crypto-investor-arrest-v1

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

crypto-investor-arrest-v2

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

He appeared in court docket Saturday the place a decide ordered he could be held with out bail.

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