Crypto Investor Charged With Kidnapping and Torturing Victim Over Bitcoin

A U.S. cryptocurrency investor is facing criminal charges after allegedly kidnapping and torturing a man in Manhattan for weeks in an attempt to steal his bitcoin

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John Woeltz, 37, was arraigned on Saturday on multiple charges, including kidnapping, assault, and illegal gun possession, after he held a 28-year-old Italian man captive in a luxury townhouse, authorities say.

The Italian man traveled to New York earlier this month and was lured to a five-story rental in the NoLiTa neighborhood, where prosecutors say Woeltz and an unidentified accomplice began abusing him to get his crypto wallet credentials.

The townhouse, rented for at least $30,000 a month, became the site of a weeks-long ordeal. Prosecutors say the victim was beaten,…

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