Crypto king has court hearing in NYC torture case
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An Italian man has said he was kidnapped and tortured in a luxury Nolita townhouse. So far, two men have been charged.
The headline-grabbing tale of an Italian man who said he was kidnapped and tortured for weeks inside an upscale Manhattan townhouse by captors seeking his bitcoin highlights a dark corner of the cryptocurrency world: the threat of violence by thieves seeking digital assets.
The duo was spotted there on multiple nights in a row, reportedly spending between $80,000 and $100,000 during each visit.
John Woeltz, the Kentucky crypto entrepreneur accused of a heinous kidnapping and torture plot is innocent — and being manipulated by someone else, a relative claimed to The Post.
Cryptocurrency investor John Woeltz has been charged with two counts of second-degree assault and one charge each of kidnapping, imprisonment and criminal possession of a firearm after police claim he kidnapped and tortured an Italian tourist in New York City.
The tortured and wounded victim escaped John Woeltz's house of horrors in an ordeal authorities described as “The Wolf of Wall Street” meets “American Psycho."
The so-called 'crypto bros' including Woeltz allegedly tied the victim up using electrical cords and gave him electric shock, including using a Taser while his feet were in water.
The Euro exec became a person of interest in the case after the arrest of Kentucky crypto king John Woeltz on Friday for allegedly holding wealthy trader Michael Vanlentino Teofrasto Carturan