cryptocurrency, to Woeltz
Digest more
John Woeltz, the Kentucky crypto entrepreneur accused of a heinous kidnapping and torture plot is innocent — and being manipulated by someone else, a relative claimed to The Post.
The suspect allegedly beat and tortured his business partner from Italy for a few weeks, according to reports.
Sources said cryptocurrency investor John Woeltz took the man's passport, tied him up, tortured and photographed him until the man managed to escape and alert authorities.
The tortured and wounded victim escaped John Woeltz's house of horrors in an ordeal authorities described as “The Wolf of Wall Street” meets “American Psycho."
Kentucky-based cryptocurrency investor, John Woeltz, is accused of kidnapping and torturing an Italian businessman.
1d
WLKY on MSNKentucky man accused of kidnapping, torturing New York City tourist to get his Bitcoin passwordA Kentucky man, 37-year-old John Woeltz, was arrested in Lower Manhattan over the weekend, accused of kidnapping and torturing an Italian tourist.
2don MSN
A man known as the "crypto king of Kentucky" is being charged with the kidnapping and torture of a business partner in New York City.
Folchi, whose family lives in Connecticut, was charged with first-degree kidnapping and unlawful imprisonment.