Crypto Trader’s Dark Secret: Torture in a $40,000 NYC Apartment! 😱💰

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In the grand tapestry of life, a 37-year-old crypto investor from the heart of Kentucky finds himself embroiled in a tale most sinister, as an Italian tourist, having endured weeks of captivity and torment, escapes from a luxurious Manhattan apartment that could only be described as a gilded cage.

On the fateful day of May 23, the victim, in a moment of desperation, alerted a city traffic agent, thus setting in motion the wheels of justice that would lead to the arrest of one John Woeltz at his Nolita residence. It appears that prior business dealings had soured, leading to a financial dispute that spiraled into this dark abyss of alleged abduction.

The Torturous Tale of a Crypto Trader

Investigators, with their keen eyes, suspect that Woeltz, in a manner most deceitful, lured the unsuspecting 28-year-old tourist back to New York under the guise of friendship. Once ensnared, the man’s passport was seized, and he was confined within the opulent walls of a Nolita flat, a place where the rent could rival the price of a small car—$30,000 to $40,000 per month, no less!

For a harrowing two weeks, the victim endured a litany of abuses that would make even the most hardened souls shudder. Bound with electrical cords, he was subjected to the cruel sting of tasers while his feet languished in water, a scene reminiscent of a horror film gone awry. And as if that were not enough, reports emerged of a pistol-whip and threats involving an electric chainsaw—because why not add a touch of the absurd to the already grotesque?

In a twist that could only be described as darkly comedic, the captors forced the victim to ingest cocaine, all while adorning him with an Apple AirTag, as if he were a prized possession to be tracked. The police, in their diligent search, recovered Polaroid photographs that chronicled this nightmare, alongside a firearm, night-vision goggles, and shards of broken glass—evidence of a horror story that seemed to leap from the pages of a novel.

Alas, the victim bore wounds that told tales of chainsaw injuries, a testament to the brutality he had faced.

Unmasking John Woeltz

John Woeltz, a name that now echoes through the corridors of infamy, once appeared in Kentucky’s 2021 Blockchain Technology Working Group annual report, where he served as an administrative support contributor. His duties included coordinating state-level blockchain initiatives under the banner of “Bluegrass Blockchain.” Who knew that behind the façade of a tech-savvy entrepreneur lay a man capable of such heinous acts?

Public records reveal that Woeltz was no stranger to the world of Ethereum hackathons, even joining the victorious “Blockchain Balloting Bot” team at ETHSanFrancisco. He painted himself as an entrepreneur and investor, boasting nearly a decade of experience in the bustling realm of Silicon Valley startups.

In his local community, he led “Tech on Tap – Blockchain” events in Paducah, Kentucky, sharing insights on decentralized finance projects, all while maintaining a curious absence from the online world. It seems that despite his visible role in the blockchain scene, Woeltz preferred to operate under the radar, perhaps fearing that the shadows of his actions would catch up with him.

As the investigation unfolds, the high cost of his Manhattan lease and reports of significant personal funds suggest that Woeltz was not merely a man of means but perhaps a puppet master in a larger scheme. Authorities are left to ponder whether he acted alone or if accomplices lurked in the shadows, with two associates currently in custody for questioning as the NYPD’s 5th Precinct delves deeper into this chilling inquiry.

This case has sent shockwaves through both the crypto community and the family of the tourist back in Italy, leaving them to grapple with the reality of such a grotesque betrayal. Prosecutors, with their pens poised, are preparing formal charges, yet the details of the forthcoming indictment remain shrouded in mystery.

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2025-05-24 02:25