Cryptocurrency Kidnapping in NYC: Investor Arrested After Brutal Two-Week Torture

New York Cryptocurrency Kidnapping: Investor Arrested After Two-Week Torture. A shocking case unfolded in New York City, where John Woeltz, 37, stands accused of kidnapping and torturing an Italian national for two weeks to obtain his Bitcoin access codes. The victim, a 28-year-old man, endured brutal treatment, including beatings and electrocution, before escaping and reporting the crime to the authorities. "It was a terrifying ordeal," a source close to the investigation stated, speaking on condition of anonymity. The arrest of Woeltz and another suspect has sent shockwaves through the cryptocurrency community. The investigation is ongoing, and further details are expected to emerge as the case unfolds. This incident highlights the risks associated with cryptocurrency transactions and the potential for violence in the pursuit of financial gain. The successful escape of the victim offers a glimmer of hope amidst the disturbing circumstances.