US EditionFrance foils new crypto kidnapping plot, arrests over 20: source
- John Woeltz, a cryptocurrency investor known as the 'Crypto King of Kentucky', was arrested in New York on May 23, 2025, for kidnapping and torturing an Italian Bitcoin investor.
- The arrest followed a May 6 kidnapping where Woeltz and accomplices tried to force the victim to reveal his Bitcoin wallet password through torture at a New York townhouse.
- The victim, held for over two weeks and subjected to threats, beatings, and use of a chainsaw, escaped and alerted police, who found photos and a gun documenting the abuse.
- Woeltz faces charges including first-degree kidnapping, two counts of second-degree assault, and criminal possession of a weapon, with a possible sentence of 15 to 25 years in prison.
- This case, part of a wider crackdown involving over 20 arrests in France for similar crypto-related kidnappings, highlights increasing security and regulatory concerns in the cryptocurrency sector worldwide.
58 Articles
58 Articles
France foils new crypto kidnapping plot, arrests over 20: source
France has foiled the latest in a spate of kidnapping plots targeting cryptocurrency entrepreneurs, and detained more than 20 people over that attempt and another against crypto boss Pierre Noizat's family, a police source said Tuesday.
Abductions in the Cryptocurrency Sector: a New Wave of Interpellations
In the aftermath of a first operation, the Parisian judicial police arrested on Tuesday, 27 May, several people suspected of having participated in an attempt to kidnap in Paris on 13 May. The sequence had been filmed by local residents.
Sydney Morning Herald
The AgePolice arrest kidnapping suspect in New York
Police arrest kidnapping suspect John Woeltz in New York.
France Thwarts Major Crypto Kidnapping Scheme, Over 20 Arrested!
French Police Thwart Complex Kidnapping Scheme Targeting Crypto Investors In a decisive action against organized crime,French law enforcement has successfully dismantled a refined kidnapping operation aimed at cryptocurrency investors,resulting in the apprehension of over 20 suspects. Reports from France 24 indicate that this operation highlights the alarming trend of criminal enterprises exploiting the anonymity and [...]
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