NYC crypto trader accused of Italian man’s kidnap, torture threatened to kill his family to get Bitcoin password: prosecutors

The 37-year-old Crypto trader accused of kidnapping a 28-year-old Italian man inside a luxurious SoHo apartment repeatedly shocked his victim with electric wires, held him upside down from the top of a staircase, cut his leg with a saw and threatened to kill the victim’s family — all to get the password to the man’s Bitcoin account, prosecutors said Saturday.

Manhattan Criminal Court Judge Eric Schumacher ordered John Woeltz held without bail on assault and kidnapping charges as police continued to search for his accomplice. He also issued a restraining order against Woeltz, so if he does get out of jail, he can’t go anywhere near his victim.

A second alleged accomplice, a 24-year-old woman, was arrested late Friday but…

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