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Latin Times
Latin Times
Business
Morgan Music

NYC Crypto Investor Allegedly Tortured Former Business Partner and Threatened to Cut Off His Limbs With a Chainsaw

John Woeltz, a 37-year-old crypto entrepreneur, was arrested in connection to the kidnapping and torture of his former business partner, after he victim escaped the 5-story SoHo mansion where he was held captive. (Credit: Compass; ABC7)

A cryptocurrency investor has been arrested in connection with the kidnapping and torture of his former business partner, who was allegedly held captive for weeks in a luxurious SoHo brownstone.

John Woeltz, 37, was taken into custody barefoot and in a bathrobe Friday morning after the 28-year-old victim managed to escape the Prince Street residence and flag down a traffic agent for help, ABC7 reported. Woeltz faces charges that include assault, kidnapping, unlawful imprisonment, and criminal possession of a firearm.

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