New York — A cryptocurrency investor has been arrested and charged with kidnapping a man and keeping him locked up for weeks in an upscale Manhattan apartment, where authorities say he was beaten, shocked and led to believe that his family was in danger if he didn't give up his Bitcoin password.

The Kentucky-based cryptocurrency investor accused of kidnapping and torturing an Italian businessman in a sadistic attempt to extort his Bitcoin password was ordered held without bail Saturday by a Manhattan judge.

Many remember May 22, 2010 as Bitcoin Pizza Day, but Laszlo Hanyecz actually spent nearly 80,000 bitcoin that year — a sum worth over $8.7 billion today.

It’s not an official holiday – yet – but for many cryptocurrency enthusiasts “Bitcoin Pizza Day” is still special. Thursday marks the 15th anniversary of the first known use of cryptocurrency to buy real-world goods.