John Woeltz, a 37-year-old man residing in Manhattan, has been arrested and charged after abducting an Italian customer to get entry to his cryptocurrencies, in line with a Might 24 report by The New York Occasions.
The sufferer, a 28-year-old man, had arrived within the US on Might 6. He was reportedly taken by Woeltz and one other individual and held inside a rented townhouse in Soho.
The constructing, which prices about $30,000 a month, grew to become the positioning of what police describe as weeks of bodily abuse. Officers mentioned the person’s passport and electronics have been taken, and Woeltz demanded the password to his Bitcoin
$104,238.25
pockets. When the person refused, he was allegedly attacked and threatened repeatedly.
Do you know?
Subscribe – We publish new crypto explainer movies each week!
What’s Polkadot in Crypto? (DOT Animated Explainer)
The sufferer informed police he was punched, shocked with electrical energy, hit with a gun, and hung from one of many higher flooring of the townhouse. He additionally claimed that Woeltz tortured and compelled him to smoke crack cocaine. The person mentioned threats have been additionally made in opposition to his household.
Pictures discovered within the residence, together with Polaroids, seem to indicate indicators of ongoing abuse and should help the sufferer’s statements. The person ultimately managed to flee on Might 23 and phone the police.
Woeltz was charged with 4 felonies, together with kidnapping for ransom. At a court docket listening to, he pleaded not responsible. The choose ordered that he stay in jail with out bail, whereas his subsequent court docket date is about for Might 28.
On Might 15, US authorities introduced costs in opposition to 12 people between the ages of 18 and 21. What occurred? Learn the complete story.
Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Conflict II period.With near a decade of expertise within the FinTech business, Aaron understands the entire greatest points and struggles that crypto lovers face. He’s a passionate analyst who is anxious with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and business newcomers.Aaron is the go-to individual for all the things and something associated to digital currencies. With an enormous ardour for blockchain & Web3 schooling, Aaron strives to remodel the area as we all know it, and make it extra approachable to finish newcomers.Aaron has been quoted by a number of established retailers, and is a printed writer himself. Even throughout his free time, he enjoys researching the market traits, and in search of the following supernova.
