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Crypto Trader Accused of Torturing Tourist in $40,000 NYC Apartment
Crypto Trader Accused of Torturing Tourist in $40,000 NYC Apartment
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Authorities arrested John Woeltz, a cryptocurrency trader, following allegations of torturing a 28-year-old tourist in a high-end Nolita apartment rented for $30,000–$40,000 per month. The victim, who had prior business dealings with Woeltz, was lured back to New York under false pretenses before being confined and subjected to severe abuse.
Investigators report the victim endured two weeks of captivity, including being bound with electrical cords, tasered, and threatened with an electric chainsaw. The case highlights extreme risks in unregulated financial dealings, though no direct crypto market implications are evident.
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