By Olivier Acuña Barba •
Revealed: 25 Could 2025 • 14:37
• 2 minutes learn
An Italian was kidnapped and tortured for weeks by a so-called crypto investor who needed his sufferer’s passwords to entry an undisclosed quantity of bitcoin, which, by the way in which, hit all-time highs of almost $112,000 three days in the past.
The Manhattan felony courtroom on Saturday charged 37-year-old crypto investor, John Woeltz, with kidnapping an Italian ban and beating and torturing him for a number of weeks to get him to give up his cryptocurrency passwords.
The New York Put up mentioned a “bombshell brunette” magnificence had been arrested with Woeltz, a $100 million crypto king, for “sadistic torture.” ABC7 NY mentioned the Italian man was a former enterprise companion of Woeltz. The crime passed off in an expensive residence within the upscale Manhattan neighbourhood of Soho. The Italian man reportedly escaped the five-storey, $30,000-a-month residence on Friday and went to police for assist. Authorities later arrested Woeltz.
Weeks-long torture
The New York Instances reported that the police discovered pictures inside the house that documented the sufferer’s weeks-long torture.
Woeltz didn’t act alone. He had two accomplices who allegedly helped the crypto investor detain and torture the 28-year-old man within the swanky Manhattan residence Woeltz had been renting. The alleged sufferer instructed police he arrived in New York on Could sixth, the day he was additionally allegedly kidnapped by Woeltz.
Woeltz and his accomplices stole the Italian’s units and passport and demanded that he quit his bitcoin password so they might steal his crypto belongings. When the sufferer refused to surrender his secret codes, the beating started, based on reviews.
Overwhelmed, shocked, dangled and crack cocaine
The sufferer instructed the police that Woeltz and the opposite man beat him, shocked him, hit him with a gun and pointed it at his head, and dangled him from the highest of the five-story residence, threatening to kill him, the Guardian reported.
Woeltz and his two accomplices additionally lower the Italian man´s leg with a noticed, threatened to kill his household and compelled him to smoke crack cocaine, the New York Day by day Information reported.
Additionally they lower his leg with a noticed, he mentioned, threatened to kill his household and compelled him to smoke crack cocaine, the New York Day by day Information reported.
Studies say that Woeltz refused to talk with the police and retained authorized illustration instantly. He was arraigned on Saturday on 4 felony counts, together with kidnapping with intent to gather ransom, and pleaded not responsible. Decide Eric Schumacher ordered that he be remanded with out bail. Woeltz is scheduled to be again in courtroom on Wednesday.
The 24-year-old feminine arrested in reference to the crime was apparently launched, the Guardian mentioned, including they have been unable to seek out any costs associated to her on the Manhattan courtroom’s on-line felony case locator.
The New York Put up recognized her as Beatrice Fochi, “a brunette magnificence” who’s a small-time actor and claims to be a advertising and marketing supervisor for manufacturers similar to Rolls-Royce and Bentley.