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.

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.

Police in Manhattan arrested Kentucky native John Woeltz, 37, alleging he kidnapped a man and tortured him for weeks to get his Bitcoin password.