SOHO, Manhattan -- One of two cryptocurrency investors under arrest in the alleged kidnapping and torture of a man in New York has waived his court appearance on Wednesday morning.

Two NY crypto investors are accused of kidnapping and torturing an Italian man to access his Bitcoin wallet. How could this happen in broad daylight?

Lawyers for John Woeltz, charged in the crypto kidnapping case, raised questions about the timing of his arrest and evidence discovery during a court hearing. Authorities say Woeltz and his partner ...