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.

In Manhattan's tony Nolita neighborhood, the so-called "Crypto King of Kentucky" allegedly held an Italian man hostage and tortured him for weeks when trying to gain access to his Bitcoin wallet. As NBC New York reports,

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.