A Kentucky-based cryptocurrency investor, John Woeltz, has been accused of a horrifying crime – kidnapping and torturing an Italian businessman in an attempt to extort his Bitcoin password. The chilling alleged two-week imprisonment took place in Soho, where Woeltz faces charges of first-degree kidnapping, first-degree unlawful imprisonment, second-degree assault, and criminal possession of a weapon.
The Manhattan Criminal Court judge has ruled to hold Woeltz without bail and has also ordered him to surrender his passport. The victim, a 28-year-old Italian businessman, managed to escape the house of horrors where he was held captive for two weeks and reported the abuse to law enforcement.
See also Creepy video shows full face of transgender woman accused of killing NYC postal worker
