John Woeltz, a 37-year-old cryptocurrency investor, faces serious charges after allegedly kidnapping and torturing a 28-year-old Italian man in Manhattan. The victim escaped after weeks of horrific treatment, including beatings and threats for his cryptocurrency passwords. Woeltz was arrested after the victim sought police help. Authorities discovered photographic evidence of the torture in Woeltz's rented luxury home. Woeltz has been charged with multiple felonies and pleaded not guilty, while being remanded without bail. His accomplices include a 24-year-old woman who remains unclear in terms of charges against her.
John Woeltz, a cryptocurrency investor, was arraigned in Manhattan for allegedly kidnapping and torturing a man to extract cryptocurrency passwords.
The victim, who escaped after weeks of torture, reported being beaten, shocked, and threatened to give up his Bitcoin passwords.
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