Crypto Investor Arrested for Torturing Businessman in Manhattan

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Local sources from United States: New York Post, The Independent.
UK coverage: The Independent.

In a shocking incident that has gripped the city, John Woeltz, a 37-year-old cryptocurrency investor from Kentucky, has been arrested and charged with a litany of crimes including assault, kidnapping, and criminal possession of a weapon. The arrest was made in Manhattan after an Italian businessman, who had been held captive for over two weeks in a luxury SoHo apartment, managed to escape and alert the authorities. The businessman, whose identity has not been disclosed, endured a harrowing ordeal, marked by electrocution, pistol-whipping, forced intake of drugs, and threats of dismemberment with a chainsaw. Beatrice Folchi, 24, also from Manhattan, has been arrested in connection with the case, further intensifying the intrigue surrounding this disturbing event. The New York Post reports that Woeltz is accused of attempting to extort the password for the businessman’s accounts through sadistic means. Evidence of the torture, including the tools reportedly used in the ordeal, has been recovered by the police, who are continuing their investigation into this gruesome crime. The Independent adds to the narrative by highlighting the risks that crypto investors and executives face, with this case serving as a dire warning of the potential dangers lurking within the industry. Local residents are left in shock as the tranquility of their community has been shattered by this brutal and bizarre crime, raising questions about safety and security in the fast-paced world of cryptocurrency investment.