Manhattan Man Arrested for Kidnapping and Torture Over Bitcoin

A shocking kidnapping case unfolded in Manhattan where a man was held hostage after being tricked into a meeting with the alleged kidnapper. According to Associated Press, John Woeltz, a 37-year-old crypto investor from Italy, allegedly kidnapped the victim, a 28-year-old Italian national, and demanded access to his Bitcoin wallet. The victim was forced to hand over his password after being subjected to physical assaults including electric shock and threats of violence.