DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News Crime

Kentucky crypto boss John Woeltz is ‘kind’ person who is ‘completely controlled by other people,’ relative claims

May 24, 2025
in Crime, News
Kentucky crypto boss John Woeltz is ‘kind’ person who is ‘completely controlled by other people,’ relative claims
507
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

The Kentucky crypto entrepreneur accused of a heinous kidnapping and torture plot is innocent — and being manipulated by someone else, a relative claimed to The Post. 

John Woeltz, who was held without bail on kidnapping and other charges for allegedly physically abusing and trying to extort an Italian businessman, is “an easy victim” who was forced into the sick situation, the relative contended. 

“He’s a kind, caring, loving person, so he was completely controlled by other people,” the relative said of Woeltz, 37, who is worth $100 million, according to police sources. 

 John Woeltz during his arraignment hearing in Manhattan Criminal Court on May 24, 2025
A family member of John Woeltz claimed the crypto boss is “an easy victim” who was forced into allegedly imprisoning and abusing an Italian businessman. Michael Nagle
Beatrice Folchi, Woeltz's assistant, was arrested alongside her boss.
Beatrice Folchi, Woeltz’s assistant, was arrested alongside her boss. Khristina Narizhnaya/NY Post

The relative called Woeltz “easily manipulated.”  

“I’m getting calls from John’s friends, girlfriends, everyone saying, ‘John was railroaded, this person hijacked his life,’” she claimed.

“He was hijacked and manipulated and scammed. I think they stole his money as well,” the relative continued.

“He’s a victim.”

Investigators searched the residence where an Italian tourist was allegedly tortured for weeks.
Investigators searched the residence where an Italian tourist was allegedly tortured for weeks. Melanie Marich/NY Post
An NYPD investigator carries a gun box from the luxe address.
An NYPD investigator carries a gun box from the luxe address. Melanie Marich/NY Post
John Woeltz being arrested by police
“He’s a kind, caring, loving person, so he was completely controlled by other people,” the relative said of Woeltz, who is worth $100 million, according to police sources.  David Burns

Woeltz, who owns a private jet and a helicopter, was forced to hand over his passport during an appearance Saturday in Manhattan Criminal Court. At least one other suspect is still being sought, sources said. 

The abuse allegedly included threatening to kill the family of victim Michael Valentino Teofrasto Carturan in Italy and at one point, carrying thehim to the top flight of the stairs of the eight-bedroom Prince Street penthouse and dangling him over the ledge, lest the tourist hand over his account password, Assistant District Attorney Michael Mattson told Judge Eric Schumacher during Woeltz’s arraignment. 

The post Kentucky crypto boss John Woeltz is ‘kind’ person who is ‘completely controlled by other people,’ relative claims appeared first on New York Post.

Tags: CrimecryptocurrencyfamilyKidnappingsNYPDsohotorture
Share203Tweet127Share
Waymo CEO says the company will push back on law enforcement requests: ‘We need communities to be able to trust us’
News

Waymo CEO says the company will push back on law enforcement requests: ‘We need communities to be able to trust us’

by Business Insider
August 29, 2025

Waymo is available in major US cities.Smith Collection/Gado/Gado via Getty ImagesWaymo's self-driving cars include a valuable resource for law enforcement: ...

Read more
News

Legionnaires’ Outbreak Traced to N.Y.C.-Owned Sites, Including Hospital

August 29, 2025
News

Minneapolis church shooting search warrants reveal new details and evidence

August 29, 2025
News

The top 10 NYC restaurants where Wall Street and Madison Avenue wine and dine

August 29, 2025
Music

‘Very In-Your-Face and Real’: Kurt Cobain Described Recording Technique That Gave ‘In Utero’ Its Classic Sound

August 29, 2025
Browns legend Joe Thomas gives ‘Shedeur Sanders cult’ a reality check

Browns legend Joe Thomas gives ‘Shedeur Sanders cult’ a reality check

August 29, 2025
Taylor Kitsch’s ‘The Terminal List’ character gets an origin story in ‘The Terminal List: Dark Wolf’

Taylor Kitsch’s ‘The Terminal List’ character gets an origin story in ‘The Terminal List: Dark Wolf’

August 29, 2025
Court blocks Trump effort to end protected status for Venezuelans

Court blocks Trump effort to end protected status for Venezuelans

August 29, 2025

Copyright © 2025.

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2025.