NEW YORK (AP) — A cryptocurrency investor has been arrested and charged with kidnapping a man and keeping him locked up for weeks in an upscale Manhattan apartment, where authorities say he was beaten, shocked and led to believe that his family was in danger if he didn’t give up his Bitcoin password.
John Woeltz, 37, was arrested Friday night after the victim escaped from the eight-bedroom town house and flagged down a traffic officer on the street for help, according to prosecutors.
Woeltz was arraigned Saturday on charges of kidnapping, assault, unlawful imprisonment and criminal possession of a firearm, court records show. He was ordered held without bail, a spokesperson for the Manhattan district attorney’s office confirmed Saturday.
His lawyer, Wayne Gosnell, said Saturday in an email that he had no comment.
The 28-year-old victim arrived in New York City from Italy in early May, a law…
