Cryptocurrency Investor Arrested
Cops Say He Tortured Man For Weeks …
Allegedly Hung Man Off Ledge
Printed Might 24, 2025 11:44 AM PDT
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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 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 Might 6.
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 compelled to take cocaine, hit with a pistol, subjected to tasering whereas his ft have been underwater, threatened with an electrical chainsaw and hung off a ledge inside the house. The alleged sufferer was taken to Bellevue Hospital.
Woeltz was arrested whereas carrying 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 verify it.
In response to NYPD, Woeltz was charged with first-degree kidnapping, first-degree illegal imprisonment, second-degree assault, and prison possession of a weapon.
He appeared in courtroom Saturday the place a decide ordered he could be held with out bail, and his passport was confiscated.
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