A crazy case in Manhattan is currently under investigation, and let me tell you, it’s like something straight out of a movie. Picture this: a 37-year-old guy, also known as the “crypto king of Kentucky,” has been accused of kidnapping and torturing an Italian man. The poor victim was allegedly held against his will in a fancy six-story townhouse in Nolita for weeks, all because these guys wanted his Bitcoin password. Can you believe it? Kidnapping for cryptocurrency, what a world we live in.

So, this guy named John Woeltz got himself arrested on a Friday and slapped with charges of kidnapping, unlawful imprisonment, assault, and more. Apparently, he and a buddy decided to torture another buddy, an Italian dude, who flew into New York City on May 6. Sources say things had been rocky between the three of them before, but it all went downhill when the Italian showed up. Woeltz and his pal snatched the poor guy’s passport and gadgets, demanding his Bitcoin password. When the victim refused, the torture fest began – we’re talking bound wrists, pistol-whipping, threats with chainsaws, and even some good old-fashioned urination. Sounds like a nightmare, right?

The victim endured 17 days of hell in what they’re calling the “Crypto King” torture chamber before finally breaking free on a Friday. Cops found him all beaten up and bruised, with marks on his wrists from being tied down. While Woeltz got cuffed, the hunt for his partner in crime continues. Apparently, investigators hit the jackpot when they searched the rented house – Polaroid pictures of the torture, a gun, and other torture gear were all uncovered. Woeltz, a big shot crypto trader with a bank account to match, was renting out this lavish Nolita pad for a cool $30,000 a month. The place was like a swanky frat house, complete with an elevator, stripper poles, and loud parties that kept the neighbors up at night. Who would’ve thought such horror was happening behind those walls?

Now, as Woeltz sits in custody without bond, his lawyer is staying tight-lipped. The whole situation is wild, right? The victim’s suffering, the luxurious torture den, the crazy crypto connection – it’s all so surreal. Not really sure why this matters, but there you have it. Let’s hope justice prevails in this bizarre case.