Crypto Investor Indicted for Kidnapping and Torture

Okay, so listen to this wild story that just came out. Apparently, some dude, a 37-year-old guy who's into cryptocurrency, got indicted by a grand jury. Yep, accused of some seriously messed-up stuff.

They're saying he kidnapped a business partner right there in fancy Soho, which is pretty crazy, you know? Held the poor guy for three whole weeks! And get this, they reportedly shocked him with electric wires and even dangled him over a staircase. All to try and get him to give up his Bitcoin password. Prosecutors spilled the beans about it on Wednesday.

The guy, John Woeltz, got picked up by the cops back on May 23rd. Court records show it. According to the complaint filed in court, the victim, who hasn't been named publicly, told the New York City police that Woeltz and another dude, William Duplessie, snatched his electronic stuff and passport on May 6th. They demanded his password so they could, you know, swipe his crypto.

Neither Woeltz nor Duplessie, who's 33, have said if they're guilty or not yet. Their lawyers didn't want to talk about it. Local news has been calling Woeltz a crypto investor and saying the victim is an Italian guy. Turns out, both of them had some kind of connection to a crypto hedge fund here in New York, at least according to a New York Times report that cited a police report.

When the victim wouldn't give up his password, Woeltz and Duplessie supposedly started beating him up real bad. That went on for weeks until the guy finally got away. They apparently tied his wrists, hit him in the head with a gun, and even said they'd kill his family, the complaints say. Duplessie got arrested on Tuesday and has a court hearing coming up on Friday. Both guys have been ordered to stay locked up by the judges. Woeltz is scheduled to be arraigned on June 11th.