{"id":158063,"date":"2025-05-25T19:00:15","date_gmt":"2025-05-25T16:00:15","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=158063"},"modified":"2025-05-25T01:30:06","modified_gmt":"2025-05-24T22:30:06","slug":"italian-tourist-escapes-alleged-crypto-extortion-plot-in-new-york","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/italian-tourist-escapes-alleged-crypto-extortion-plot-in-new-york\/","title":{"rendered":"Italian Tourist Escapes Alleged Crypto Extortion Plot in New York"},"content":{"rendered":"<p>Two individuals were <strong><a href=\"https:\/\/nypost.com\/2025\/05\/24\/world-news\/accused-crypto-kidnapper-held-without-bail-during-saturday-court-appearance\/\" target=\"_blank\" rel=\"nofollow\">arrested<\/a> <\/strong>in connection with the case, which unfolded in a luxury SoHo apartment earlier this month.<\/p>\n<p>According to local reports, the victim had arrived at the apartment on May 6 under the impression he was meeting for a business deal. Instead, he was restrained, physically assaulted, and pressured to hand over control of financial accounts containing what was believed to be millions. He later managed to flee and contact authorities.<\/p>\n<p>One of the suspects, 37-year-old John Woeltz, was arraigned and ordered held without bail. Once involved in the cryptocurrency space, Woeltz had previously contributed to early blockchain projects such as HCash and privacy-focused token Grin. His activity in the crypto scene reportedly dwindled after 2020.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/how-bitcoin-hypers-four-technical-pillars-make-btc-practical-for-everyday-use-and-raised-200000\/\" title=\"How Bitcoin Hyper\u2019s Four Technical Pillars Make BTC Practical for Everyday Use And Raised $200,000\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/05\/IMG_1204-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">How Bitcoin Hyper\u2019s Four Technical Pillars Make BTC Practical for Everyday Use And Raised $200,000<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Police recovered Polaroid images from the crime scene that documented the abuse, including one showing a firearm aimed at the victim. Investigators believe the attack was premeditated, and that the victim feared for his life before escaping.<\/p>\n<p>Charges against Woeltz include kidnapping, unlawful imprisonment, and weapons possession. A 24-year-old woman, alleged to be his accomplice, faces similar charges.<\/p>\n<p>The case comes amid a disturbing global trend: a rise in violent crimes targeting individuals known to hold significant cryptocurrency assets, underscoring the growing real-world risks tied to digital wealth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An Italian man narrowly escaped a harrowing ordeal in New York after being kidnapped and tortured in an alleged scheme to extract access to his digital wealth.<\/p>\n","protected":false},"author":3,"featured_media":26872,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[26],"tags":[],"class_list":["post-158063","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocrime"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - 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