Cryptocurrency Investor Arrested After Allegedly Torturing Man, Hanging Him Off Ledge

tmz.comPublished: 5/24/2025

Summary

The alarming news of a previously unidentified cryptocurrency investor from Kentucky has led to his arrest in New York City. John Woeltz, 37, faces charges after law enforcement uncovered evidence of extreme tactics used to extract sensitive information, including forcing him to inject cocaine and subduing him with tasers while underwater. Alongside Woeltz, a woman has also been arrested in the alleged scheme, which authorities say involved tying the victim to a chair and using various coercion methods. The case is believed to target cryptocurrency users and highlights growing awareness of cybercrime's dark side.