Crypto investor accused of torturing man for access to Bitcoin password

A cryptocurrency investor is facing charges of kidnapping and assault after officials alleged he tortured another man for weeks while demanding information to access their Bitcoin. 

John Woeltz, a 37-year-old man, pleaded not guilty Saturday to the charges he faces, including kidnapping with intent to collect ransom, assault with intent to cause physical injury, unlawful imprisonment and criminal possession of a firearm. 

Prosecutors allege that Woeltz kept the 28-year-old man for weeks in a Manhattan apartment, beginning on May 6, beating and shocking him, and threatening to harm his family if he didn’t hand over his Bitcoin password. He was arrested after the man escaped from the townhouse and flagged a traffic officer on the street for help, a spokesperson for the deputy commissioner of public information for the New York City Police Department told The Hill

Read more at The Hill