The recent arrest of 37-year-old cryptocurrency investor John Woeltz by the New York Police Department has sent shockwaves through the financial community. Woeltz, along with a 24-year-old accomplice, was charged with **kidnapping** and **torturing** an Italian tourist in a luxurious SoHo apartment. Reports from The New York Post indicate that Woeltz allegedly imprisoned his victim for over two weeks, attempting to forcibly gain access to financial accounts reportedly worth several **million U.S. dollars**.
Evidence found at the scene, including disturbing **Polaroid photos**, suggests a serious escalation of criminal behavior, with one image showing the victim being threatened with a firearm. Lured under the pretense of a business deal, the victim claimed Woeltz had sinister intentions, including plans for murder if he escaped. Notably, Woeltz, who has been associated with early **Bitcoin investments**, has been dormant on his **GitHub** account since 2020. He faces multiple charges, including second-degree assault and illegal possession of a firearm, while his accomplice is charged with **unlawful imprisonment** and kidnapping.