Crypto Assets investor suspected of kidnapping and extortion arrested, victim held captive for two weeks.

Gate News bot reported that, according to the New York Post, New York police arrested 37-year-old Crypto Assets investor John Woeltz and his 24-year-old female accomplice in downtown Manhattan. The two are suspected of kidnapping and torturing an Italian tourist.

According to sources, Woeltz imprisoned the victim in an upscale apartment in SoHo for more than two weeks. At the scene, police found multiple Polaroid photographs documenting the abuse, including images of the victim being pointed at gunpoint. The victim was kidnapped and abused on May 6 after being lured to his apartment for a business transaction in order to gain access to his financial account, which amounted to millions of dollars. When the victim escaped, he stated that Woeltz planned to kill him.

According to TheBlock, Woeltz was involved in early Bitcoin investments, and his GitHub account has been inactive since 2020. Currently, Woeltz is charged with second-degree assault, kidnapping, unlawful imprisonment, and illegal possession of a firearm, while his female accomplice is charged with kidnapping and unlawful imprisonment.

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