BTC $71,807
2026 Bull Run Is Building Start trading with 5% OFF all fees
Sign Up Now
BTC $71,807
Bull Run 2026 | 5% Off Fees Open your Binance account today
Sign Up

Crypto Investor Arrested Barefoot in Bathrobe After NYC Raid

Complete Arrest Footage of Cryptocurrency Investor Alleged of Torture

  • Police arrested a cryptocurrency investor, John Woeltz, in New York City after allegations of kidnapping and torture.
  • Authorities removed Woeltz from an apartment wearing only a bathrobe and no shoes.
  • Prosecutors say Woeltz and an accomplice held a man captive for two weeks, using physical violence and electric shocks.
  • Woeltz faces several charges, including first-degree kidnapping and criminal possession of a weapon.
  • A judge ordered Woeltz held without bail and seized his passport at his court appearance.

Police took John Woeltz, a 37-year-old cryptocurrency investor from Kentucky, into custody on Friday in New York City. Officers moved in after a man reported to police that Woeltz held him captive in a SoHo apartment for several weeks.

- Advertisement -

Upon arriving at the scene, officers entered the apartment and brought Woeltz out wearing only a bathrobe and no shoes. Video footage shows police escorting him down the stairs and conducting a pat-down on the street.

According to officials, officers thoroughly checked Woeltz for weapons or contraband. "Officers check his legs, buttocks and even inside his robes … looking for any weapons or other contraband on his person. They don’t seem to find anything." After the search, police took him to a local precinct, where he remained handcuffed.

Prosecutors claim the alleged abuse started on May 6, and that Woeltz and another individual, who has not been apprehended, used various methods to torture the victim. They allege the pair shocked the victim with wires, repeatedly struck him with a pistol, and threatened to drop him from a ledge with the intention of causing harm. For full details, see the official police response.

Authorities have charged Woeltz with first-degree kidnapping, first-degree unlawful imprisonment, second-degree assault, and criminal possession of a weapon. Technical terms like "first-degree kidnapping" refer to unlawfully seizing a person with intent to cause injury or terror.

- Advertisement -

Woeltz appeared in court on Saturday. The judge ordered him held without bail and confiscated his passport as part of the legal proceedings. The suspected accomplice remains at large.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -
Ad
Altseason Is Loading. Don't watch from the sidelines.
SOL $90.51
DOGE $0.0963
LINK $9.02
SUI $1.00
5% off fees when you sign up
Start Trading
Ad
Pay Less on Every Trade. For Life.
$10K/mo volume Save $60/yr
$50K/mo volume Save $300/yr
$100K/mo volume Save $600/yr
5% off all trading fees when you sign up
Claim Your Discount

Latest News

U.S. Crypto Clarity Act Nears Key Senate Deal

Coinbase Chief Legal Officer Paul Grewal announced lawmakers are nearing a resolution on disputed...

Ex-FTX engineer Nishad Singh fined $3.7 million

Former FTX head of engineering Nishad Singh settled a Commodity Futures Trading Commission (CFTC)...

Tether’s Jesse Spiro to Chair $100M Crypto Super PAC

Tether's Head of Government Affairs, Jesse Spiro, will chair the crypto-funded Fellowship PAC ahead...

CERT-UA Impersonated, New RAT Attack Hits Ukraine

The Computer Emergency Response Team of Ukraine (CERT-UA) was impersonated in a phishing campaign...

Binance Launches Oil and Gas Futures with 100x Leverage

Binance has officially launched trading for oil and natural gas futures contracts, completing its...

Must Read

9 Best Trading Platforms for Crypto Beginners

Many newcomers to the crypto space are looking for platforms to buy, sell and exchange cryptocurrencies. While there are hundreds of crypto exchanges around...
Ad
Altseason Is Loading. These 4 coins are trending right now.
SOL $92.12
DOGE $0.0950
LINK $9.02
SUI $1.02
5% off spot fees when you sign up
Start Trading