Shocking Bitcoin News: Crypto Investor Kidnaps Tourist for Bitcoin Password
In a disturbing incident that has sent shockwaves through the crypto community, a 37-year-old cryptocurrency investor, John Woeltz, known as the “crypto king of Kentucky,” has been charged with kidnapping and torturing an Italian tourist in a Manhattan townhouse to extract his Bitcoin password. (The Washington Post)
The victim, Michael Valentino Teofrasto Carturan, was allegedly held captive for three weeks, during which he endured beatings, electric shocks, and psychological torment. He managed to escape by pretending to surrender his password and fleeing barefoot to alert authorities. (The Times)
Police arrested Woeltz at the scene, discovering weapons, drugs, and incriminating evidence. A second suspect, a Swiss crypto millionaire and co-founder of a trading firm, is expected to surrender to the NYPD. (The Times, New York Post)
This incident highlights the darker side of the cryptocurrency world, where the pursuit of digital wealth can lead to extreme and criminal behavior.(New York Post)
Stock market information for Bitcoin (BTC
Bitcoin is a crypto in the CRYPTO market.
The price is 109932.0 USD currently with a change of 2907.00 USD (0.03%) from the previous close.
The intraday high is 110085.0 USD and the intraday low is 106801.0 USD.
This unsettling event serves as a stark reminder of the potential risks associated with the cryptocurrency market. As Bitcoin continues to gain mainstream attention, it's crucial for investors and enthusiasts to remain vigilant and prioritize security.
#MarketRebound #TrumpTariffs #SaylorBTCPurchase #WhaleJamesWynnWatch #Bitcoin2025 $BTC $ETH $XRP
Asad watto
