A stunning criminal case has rocked the cryptocurrency world as prominent investor, John Woeltz, faces charges of kidnapping and torturing a foreign national, shattering the facade of wealth and respectability often associated with this modern gold rush.
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Readers are left questioning the intersection of wealth, power, and morality, as one man’s horrific experience unfolds in the heart of New York City.
John Woeltz, known in the cryptocurrency industry, has been charged with a slew of serious crimes after a nightmarish ordeal emerged, involving the alleged kidnapping and torture of a former Italian business partner.
The harrowing events took place in a luxurious SoHo townhouse where the victim faced nearly three weeks of brutality.
Shockingly, Woeltz, along with an accomplice, allegedly used horrifying methods, including a chainsaw and taser, to extort sensitive information such as passwords.
This kidnapping saga reached a turning point when the 28-year-old Italian national, desperate for survival, managed to escape after more than two weeks of captivity.
With courage and sheer willpower, he alerted a traffic officer, prompting a rapid police response.
SWAT teams, tactical gear, and emergency units descended upon the scene, reflecting the severity of the situation.
The victim recounted a horrifying account of torture that included being bound, tasered, and pistol-whipped.
Disturbingly, this traumatic episode was documented through Polaroid photos, further implicating Woeltz.
Law enforcement uncovered weapons and other damning evidence at the scene, leading to Woeltz’s subsequent arrest.
Despite appearing well-groomed and affluent, Woeltz’s facade belied the violence reportedly inflicted on his acquaintance-turned-prisoner.
A resident even described Woeltz as “a rich guy in a nice bathrobe, clean-shaven, hair was done.”
This contrast between appearance and reality underscores a deception that many might find unnervingly common in circles fueled by money and power.
But Woeltz wasn’t the only one implicated. Beatrice Folchi, a 24-year-old accomplice, has also faced charges related to the incident.
Yet another suspect remains at large, highlighting the complexity and potential conspiracy involved in this case.
Allegedly, the motive centered on extorting millions in cryptocurrency from their captive, revealing a darker side to the digital financial world.
The investigation continues to unravel more gruesome details, with detectives probing whether drugged influence played a part.
As the story develops, it becomes a chilling reminder that the allure of wealth and technology often conceals a sinister underbelly those like Woeltz seemingly embody.
A cautionary tale emerges from the depths of this crime-laden narrative, serving as a stark warning about the unchecked boundaries of ambition and vanity.
John Woeltz – $100M net worth, investor, businessman, murderer…
He kidnapped Michael Valentino and tortured him for 17 days.
"Tied to a chair, forced to take drugs, threatened with a chainsaw", — all to get $30M
Here's the full story. Trigger Warning: sensitive content 🧵👇 pic.twitter.com/Lp7WH2sQ03
— Dead In Sol (@deadinsol) May 25, 2025
