Crypto King’s Wild Ride: From Riches to Chains and Chainsaws! 😂🔗

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Ah, the tale of John Woeltz, a man whose life took a turn so dramatic it could make a soap opera look like a documentary! Known as the ‘Crypto King of Kentucky,’ he’s now in a bit of a pickle—arrested for torturing a Bitcoin investor in a scheme that sounds like it was ripped from the pages of a horror novel. And guess what? He might be trading his riches for a cozy prison cell for up to 25 years! 🏰

Crypto King Tortures Bitcoin Investor For Private Keys

According to the Hindustan Times (yes, the same one that brings you the latest on curry recipes), our dear John, who’s supposedly worth around $100 million, decided to kidnap and torture an Italian chap for his Bitcoin password in the bustling streets of New York. And how did he do it? With a chainsaw! Because, you know, why not? But alas, the victim managed to escape—talk about a plot twist! 🎭

Picture this: the poor guy broke free from the clutches of Woeltz after being held captive for over two weeks. It all started on May 6, when he arrived in New York from Italy, thinking he was meeting a friend. Spoiler alert: he wasn’t! Woeltz snatched his passport and turned into a villain straight out of a bad movie. 🎬

But wait, it gets better! Woeltz documented his “work” with Polaroids—because nothing says “I’m a criminal mastermind” like a photo album of your misdeeds. The reports revealed images of the victim tied up with electrical wire, and another with a gun pointed at his head. Talk about family-friendly fun! He even threatened to kill the victim’s family in Italy to get that sweet, sweet Bitcoin password. 😱

In a final act of desperation, Woeltz took the Bitcoin investor to the top of the stairs and hung him over the ledge. “Give me the password or else!” he must have shouted, while also cutting the poor guy’s legs and arms with a chainsaw. And yes, there are pictures of him being forced to take cocaine. Because why not add a little extra chaos to the mix? 🎉

But our hero managed to escape by telling Woeltz he was ready to give up the password by plugging it into his laptop. As soon as Woeltz turned to grab the computer, the victim made a break for it—running like he was in a marathon! 🏃‍♂️💨

Woeltz Crypto Background And What’s Next For The Crypto King

Now, let’s talk about John Woeltz’s background. He’s not just a chainsaw-wielding maniac; he’s also known for his experience in the crypto industry, particularly in blockchain security. He once attended a crypto conference where he discussed Grin’s security audit. Riveting stuff, right? 📊

But alas, the fairytale has turned into a nightmare. Woeltz is now facing charges for second-degree assault, first-degree kidnapping, unlawful imprisonment, and criminal possession of a weapon. The court has denied him bail, claiming he’s a flight risk. If found guilty, he could be trading his crypto dreams for 15 to 25 years behind bars. Who knew being a Crypto King could lead to such a royal mess? 👑

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2025-05-26 17:42