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Man in custody after allegedly torturing Italian man in SoHo apartment

  • John Woeltz, a cryptocurrency investor, was arrested for allegedly kidnapping and torturing Michael Valentino Teofrasto Carturan in a luxury apartment in SoHo during an extortion attempt for Bitcoin account passwords.
  • Authorities allege that Woeltz subjected Carturan to brutal treatment over several weeks, including electric shocks, physical assaults, and threats against his life.
  • The victim escaped and flagged down a police officer after being held for weeks and subjected to violence including electric shocks.
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Crypto kidnapping horror: Man tortured for Bitcoin password in posh NYC townhouse, police say

Two cryptocurrency investors face charges in a brutal Manhattan kidnapping involving torture for a Bitcoin password.

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People broke the news in United States on Friday, May 23, 2025.
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