The 2 NYC “crypto bros” accused of kidnapping and torturing an Italian millionaire to extract his Bitcoin password had been granted $1 million bail every.

A Manhattan Supreme Courtroom Justice handed down the choice on Wednesday for John Woeltz and William Duplessie, ordering neither can use cryptocurrency to put up bail. If they’ve the funds, the pair might be launched into house confinement with digital monitoring and passport give up pending trial.

Celeb bail bondsman Ira Judelson will put collectively the bail packages for each males and match them with ankle displays.

Each males beforehand pleaded not responsible to prices of kidnapping, assault, illegal imprisonment, and felony possession of a weapon. The suspects allegedly lured Italian entrepreneur Michael Valentino Teofrasto Carturan to their rented Manhattan townhouse and stored him trapped there for over 17 days, attempting to pressure him to cough up his Bitcoin password.

Prosecutors say the suspects drugged the sufferer, pistol-whipped him, and used electrical wires to shock him. The boys allegedly carried him to the highest of a staircase and threatened to throw him over a ledge if he didn’t quit his Bitcoin password. Finally, Carturan caved — pointing them to a laptop computer the place the password was saved.

On the time, TMZ bought unique video of Carturan making a break for it, sprinting after a visitors cop — simply earlier than Woeltz and Duplessie had been arrested. Carturan was hospitalized and handled for accidents that prosecutors say corroborate his account.

A police search of the SoHo townhouse uncovered cocaine, a noticed, rooster wire, physique armor, night time imaginative and prescient goggles, ammunition, and Polaroids displaying a gun pointed on the sufferer’s head.