In the last case of an crypto kidnapping, a man named John Victor Woeltz was arrested on Friday, May 23, accused of kidnapping an Italian nameless in New York and torturing him for weeks to have access to the man’s bitcoin.
Woeltz and another anonymous person would have held the Italian tourist hostage for two weeks in a house in Manhattan before successfully escaping and alerting the authorities.
The crypto investor transformed the torture track to the New York horror track
A Kentucky Bro Crypto would have transformed a $ 40,000 / month SOHO rental into a full -fledged torture room to extort millions of Italian tourists.
According to police, John Woeltz bound the man for 2 weeks, electroculated him,… pic.twitter.com/55pzim3g3g
– Mario Nawfal (@marionawfal) May 24, 2025
The crypto investor transformed the torture track to the New York horror trackJohn Victor Woeltz arrested the same day as the victim of abduction of Crypto managed to escape
John Victor Woeltz, 37, was placed in police custody on Friday May 23, the same day that the victim managed to escape the property in Manhattan.
Woeltz was arrested on Saturday for a chief of accusation of assault in the second degree, kidnapping, illegal imprisonment and criminal possession of a firearm, according to the judicial archives.
Sources close to the investigation said that Woeltz, the tourist, and that a third anonymous individual has been in business together for years. The police are still looking for the third trading partner, which was not publicly identified.
A Woeltz lawyer refused to comment on Saturday. A judge granted a request for detention from Woeltz when on Saturday’s indictment. His next audience date is Wednesday.
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The Italian would have held and tortured for 17 days for the Bitcoin password, but did not break
(SOURCE))
The tourist, a 28 -year -old man aimed at Italy, met the kidnapper accused on May 6, sources said. At this same meeting, Woeltz would have taken the Italian man to a house he rented in Nolita, a high-end district in the Manhattan district in New York.
According to a criminal complaint filed in New York, Woeltz and an unidentified “unidentified man” removed the victim, took his electronic devices and his passport and tortured him until he managed to escape seventeen days later.
The pair was trying to make the victim give access to his Bitcoin wallet, and when he refused, they beat him, shocked him with electric wires and hit him in the head with a pistol.
Woeltz and the third trading partner would have targeted a firearm on the victim’s head on several occasions, hung him over a staircase on the ground and threatened to kill him if he did not reveal his password.
Sources close to the case also said that the kidnappers urined the victim and put an apple apple around the Italian’s neck to make sure that he did not escape.
No details have yet been published on how the victim managed to escape Friday. However, by escaping, the Italian met a road traffic agent who called the police at Nolita’s home, where John Victor Woeltz was arrested later.
There is little information on what prompted the commercial relationship to become so violent in the middle of a series of cases of kidnapping crypto
The next abduction linked to crypto in Europe, this time in Paris, in France
– CR1337 (@ cryptonator1337) May 13, 2025
Three men were tempted to remove the daughter from the CEO of a cryptographic platform, fortunately without success! By digging in the history of Woeltz, the reason for the removal of cryptography is a surprise. Sources have said that the alleged kidnapper is an eminent cryptography merchant of the Kentucky State which was worth the north of $ 100 million.
On the other hand, the same sources say that the Italian victim has an estimated net value at around $ 30 million. Due to the supposedly supposed trade relationship of the trio, there could be several reasons why Woeltz and his accomplice viciously torture the victim for his Bitcoin password.
The sources said Woeltz would have rented Prince Street’s residence at a monthly rate between $ 30,000 and $ 40,000. Online registration for the house indicates that it was rented for the last time in March for $ 75,000.
Whether it was a matter that has gone wrong or simply pure greed, it occurs in the heels of a series of abductions linked to crypto across France and elsewhere.
Earlier this year, a co-founder of the Hard Crypto portfolio company, Ledger, was kidnapped with his wife in a ransom attempt. David Balland had his finger cut during the event before the French special forces carried out a successful rescue operation which also saw the wife of Balland found and unharmed.
Again, a few weeks ago, the daughter and granddaughter of an owner of the French crypto exchange were victims of an attempted cryptography in broad daylight in the streets of Paris.
Fortunately, the girl’s husband rejected the attackers before the public members intervened, and the criminals were forced to abandon the intrigue.
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