The accused cryptocurrency held with out assure throughout the Sabbath

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The accused cryptocurrency held without guarantee during the Sabbath

Kentucky -based cryptocurrency investor, accused of abducting and torturing an Italian businessman in sadistic try and extort his Bitcoin password, was ordered with no assure on Saturday by a Choose in Manhattan.

John Voelz is in opposition to costs of first -degree abduction, a primary -degree unlawful jail, a second -degree assault, and a felony possession of a weapon in a freezing strong jail in Soho.


John Walz is an investor based mostly on Kentucky, accused of abducting and tormenting an Italian businessman in an try and blackmail his Bitcoin password. David Burns

The Choose of the Manhattan Prison Courtroom has offered the request of the Manhattan District Prosecutor’s Workplace to carry on to Woeltz, 37, with out assure. Voelz can even be required to overturn his passport, authorities mentioned.

The 28 -year -old sufferer erupted from the Home of Horror on Friday morning and reported his sick abuse and imprisonment as a police officer, sources of legislation enforcement mentioned.


Kentucky cryptocurrency investor is suspected of tormenting an Italian tourist with a cutter in sadistic, weekly blackmail attempt to win the password for his accounts in a rick apartment in Manhattan
John Walz can be confronted with first -degree abduction, unlawful first -degree imprisonment, second -degree assault and felony possession of a weapon Michael Nagle

A number of polaroids of Prince Road’s luxurious pad – which Walz was supposedly employed for $ 30,000 to $ 40,000 a month – confirmed that the sufferer was tied to an electrical wire and tortured, in addition to one in all it related to a chair with a gun pointed to his head, sources mentioned.

He was additionally positioned whereas his toes have been positioned in water, overwhelmed with a gun, pressured to take cocaine and threatened that his limbs have been minimize with an electrical cutter whereas being held captive, based on sources.

First -degree abduction is a criminal offense in New York and might be sentenced to 25 years behind bars.

This can be a growing story.

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