“The King of Kentucky Checks” was arrested on charges of torturing the man with the saw and electricity in an attempt to steal Bitcoin

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John and Wallz occupied the headlines on Friday after his arrest in New York City for allegedly kidnapping and torturing a man in an attempt to reach his bitcoin password. Before that, 37 -year -old Woeltz had a completely different reputation as a rising star in the world of encryption.

Woeltz, also known as “Crypto King of Kentucky”, was arrested on Friday after a man escaped from his luxury apartment in Nolita and announced the traffic agent who contacted the police, according to what he said. New York Times. The victim, a 28 -year -old Italian citizen named Michael Valentino Topyrasto Carturan, is held at the 17 -room Town House house for three weeks.

Prosecutors claim that while he is at home, Woez and his alleged partner, William Duplesi, who was Arrest On Tuesday, she was tortured on the Carturan by his pistol, and shocked him with a Taser pistol, forcing him to smoke cocaine and cut his leg by watching, according to what he said. CBS news. Cartian told the police that he was suspended even on the edge of the top of the five -storey house, he said New York Times.

This ordeal was followed after Carturne, the commercial partner in Woez, arrived at the house on May 6. Issue, Woez and his partner, Cartian and electronic devices, threatening to harm it if he does not provide the password for the Bitcoin portfolio that holds millions of dollars from Crypto.

Woeltz’s lawyers did not immediately respond to a request for comment. DUPLESSIE’s lawyers refused to comment when calling it luck.

Woeltz grew up in Paducah, Kentucky, about 140 miles away from Nashville, according to interview He gave a local newspaper in 2020. After graduating from the University of Kentucky, Wellz moved west to invest in startups.

He entered the encryption space around 2018, when he held the position of part of the Ethglobal San Francisco Hackathon, an annual event placed in an organization focusing on Ethereum. Then he went to become the administrative director of the Silicon River Capital and Blockchain Investment Fund, according to an interview in the local newspaper.

Recently, Woeltz participated in the Bitcoin mining industry in Kentucky. It was chosen by the State Technology Office to join a working group that focuses on using Blockchain technology for “critical infrastructure, public facilities, communications and emergency services,” according to the annual group. a report.

Woez was accused of kidnapping, assault, illegal imprisonment and possession of a firearm, according to court documents.

The story of New York City comes as the latest in the violent kidnapping epidemic of wealth encryption, a phenomenon that led some To purchase insurance “attack interface”– A policy whose names come from MEM that shows the bandits to ventilate high technology guarantees by hitting the victim with wrapping.

This story was originally shown on Fortune.com



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