John Woeltz made headlines on Friday following his arrest in New York City for allegedly kidnapping and torturing a man in a bid to get access to his Bitcoin password. Prior to that, the 37-year-old Woeltz once held a very different reputation as a rising star in the crypto world.
Woeltz, also known as the “crypto king of Kentucky,” was apprehended on Friday after a man escaped from his luxury NoLIta apartment and flagged down a traffic agent who called police, according to the New York Times. The victim, a 28-year-old Italian citizen named Michael Valentino Teofrasto Carturan, was allegedly held in the 17-room townhouse for three weeks.
