Delete comment from: DSHR's Blog
Matt Levine wonders about the wrench attack business model:
"I have not found a ton of information about Woeltz online, and he does not yet seem to have his own crypto treasury company, so I’m not entirely sure what makes him a “cryptocurrency investor.” (Though the New York Post reports that he and an alleged accomplice were “known for dropping $100,000 in a single night partying it up at an exclusive erotic nightclub.”) But I would naively have assumed that if you are renting a NoLIta townhouse you are probably rich enough that you do not need to kidnap and torture people for their Bitcoins. But “behind every great fortune is a crimei,” I guess, and one way to become a crypto investor is to torture some passwords out of other crypto investors."
May 29, 2025, 5:19:38 PM
Posted to The Risks Of HODL-ing