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.

The 28-year-old was brought to the Nolita home, where he was held and tortured for several weeks, according to sources.

A Swiss crypto-currency millionaire sought for questioning in the alleged kidnapping and torture of an Italian tourist will reportedly surrender to the New York Police Department this week.