Cryptocurrency Investor Arrested
Cops Say He Tortured Man For Weeks …
Allegedly Threatened to Lower Off Limbs with Chainsaw
Revealed Might 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 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 instructed a police officer he’d been held captive and tortured for weeks.
In keeping with 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 New York Submit 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 toes had been underwater and threatened with an electrical chainsaw. 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 affirm it.
In keeping with NYPD, Woeltz was charged with first-degree kidnapping, first-degree illegal imprisonment, second-degree assault, and felony possession of a weapon.
He appeared in courtroom Saturday the place a choose ordered he could be held with out bail.
