A crypto investor is charged with kidnapping and torturing a man in an NYC apartment for weeks
May 24, 2025
Officials say a cryptocurrency investor has been arrested and charged with kidnapping, assaulting and holding a man against his will for several weeks in an upscale Manhattan town house. Authorities say it was part of a scheme to get his Bitcoin password and empty his virtual wallet. Prosecutors say the 28-year-old victim escaped Friday and flagged down a traffic officer on the street for help. The investor was identified by authorities as 37-year-old John Woeltz. He was arraigned Saturday on kidnapping, assault and other charges and ordered held without bail. Police say the victim was taken to the hospital and had injuries that were consistent with his descriptions of the torture and beatings.
