From Riches To Chains: Crypto King Arrested For Torturing Bitcoin Investor In Horror Scheme
The post From Riches To Chains: Crypto King Arrested For Torturing Bitcoin Investor In Horror Scheme appeared on BitcoinEthereumNews.com. Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure John Woeltz’s story has taken a dramatic turn following reports of kidnapping and assault. Woeltz, also known as the ‘Crypto King of Kentucky,’ has been arrested for torturing a Bitcoin investor in an attempt to steal their coins and now faces up to 25 years in prison. Crypto King Tortures Bitcoin Investor For Private Keys According to the Hindustan Times, John Woeltz, believed to be worth around $100 million, kidnapped and tortured an Italian man for his Bitcoin password in New York. Woeltz, who is a crypto investor from Kentucky, allegedly used a chainsaw on the victim as part of an attempt to obtain the password. However, he was unsuccessful with the victim eventually escaping. The victim broke out of the New York apartment and reported to the cops that he had been held captive for over two weeks. John Woeltz reportedly kidnapped the victim on May 6 after he arrived in New York from Italy, after both had agreed to meet. The Crypto King then snatched the victim’s passport and held him captive. Woeltz tortured the Bitcoin investor and even documented it with Polaroids in the following days. The report revealed that there were photos of the victim, who is also a crypto trader, tied up with an electrical wire, while another photo showed him tied to a chair and a gun pointed at his head. The Crypto King of Kentucky went as far as threatening to kill the victim’s family in Italy to force him to give up his Bitcoin password. Meanwhile, in another act of desperation, John Woeltz took the Bitcoin investor to the top flight of stairs of the apartment and hung him over the ledge, threatening to kill him if he didn’t…
The post From Riches To Chains: Crypto King Arrested For Torturing Bitcoin Investor In Horror Scheme appeared on BitcoinEthereumNews.com.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure John Woeltz’s story has taken a dramatic turn following reports of kidnapping and assault. Woeltz, also known as the ‘Crypto King of Kentucky,’ has been arrested for torturing a Bitcoin investor in an attempt to steal their coins and now faces up to 25 years in prison. Crypto King Tortures Bitcoin Investor For Private Keys According to the Hindustan Times, John Woeltz, believed to be worth around $100 million, kidnapped and tortured an Italian man for his Bitcoin password in New York. Woeltz, who is a crypto investor from Kentucky, allegedly used a chainsaw on the victim as part of an attempt to obtain the password. However, he was unsuccessful with the victim eventually escaping. The victim broke out of the New York apartment and reported to the cops that he had been held captive for over two weeks. John Woeltz reportedly kidnapped the victim on May 6 after he arrived in New York from Italy, after both had agreed to meet. The Crypto King then snatched the victim’s passport and held him captive. Woeltz tortured the Bitcoin investor and even documented it with Polaroids in the following days. The report revealed that there were photos of the victim, who is also a crypto trader, tied up with an electrical wire, while another photo showed him tied to a chair and a gun pointed at his head. The Crypto King of Kentucky went as far as threatening to kill the victim’s family in Italy to force him to give up his Bitcoin password. Meanwhile, in another act of desperation, John Woeltz took the Bitcoin investor to the top flight of stairs of the apartment and hung him over the ledge, threatening to kill him if he didn’t…
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