Cryptocurrency investor John Woeltz has been charged with two counts of second-degree assault and one charge each of kidnapping, imprisonment and criminal possession of a firearm after police claim he kidnapped and tortured an Italian tourist in New York City.

A wealthy crypto investor is accused of torturing a man in a ritzy Soho townhouse by electrocuting him, pistol-whipping him and forcing him to smoke cocaine.

The investor, 37-year-old John Woeltz, and another man abused their victim for three weeks in a Manhattan townhouse as they tried to get his Bitcoin password, prosecutors say.