Summary
A 37-year-old cryptocurrency investor, John Woeltz, was arraigned in New York for allegedly kidnapping and torturing a 28-year-old Italian tourist in his SoHo home, where the victim was held for weeks. Woeltz, alongside 24-year-old Beatrice Folchi, faces multiple charges including kidnapping for ransom, assault, and unlawful imprisonment after the victim escaped and reported the abuse, which included being beaten and threatened for his bitcoin password. The victim, hospitalized and in stable condition, had his passport taken upon arrival in New York, with police uncovering evidence of his ordeal in the luxury townhome.