New York City police have arrested crypto investor John Woeltz following shocking allegations that he tortured his business partner over a grueling two week period.
Authorities say the victim was held captive and subjected to physical and psychological abuse at an undisclosed location in the city. The motive behind the brutal acts is believed to be related to a dispute over their cryptocurrency venture.
Police launched a full investigation after receiving a distress call, ultimately rescuing the victim and taking Woeltz into custody. He now faces multiple charges, including assault, unlawful imprisonment, and torture.
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The case has sent ripples through the crypto community, raising concerns about the darker side of high-stakes investments and business rivalries.
Dobblog will continue to follow this story and provide updates as more details emerge.
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