Men who are accused of torturing Italy trader for crypto password has been given bail

Two men accused of kidnapping and torturing an Italian man in an Manhattan Townhouse as part of a plot of constipation cryptocurrency was given bail.

John Woeltz, 37, and William Duplessie, 33, each released a $ 1 million bail on Wednesday by the New York Supreme Criminal Court Judge Gregory Carro, According to In a report from ABC News. Both men have been reported to request that they are not guilty of charges including kidnapping, attacking and coercion.

The case comes from a crypto bully incident that occurred several months before. On May 6, a 28 -year -old cryptocurrency businessman visiting from Italy was Enhanced abducted after reaching New York.

According to prosecutors, the man was held hostage for weeks and undergoes repeated torture as his conquerors attempted to force him to reveal his Bitcoin (Btc) credentials.

Related: The crypto billionaire bit off the kidnapper’s finger during ambush

Beaten the victim, shocked by the wires

The Manhattan’s lawyer’s lawyer’s office said the victim was beaten, shocked by wires, pistol-whipped and threatened to be thrown into a balcony. At one point, the men were said to have threatened to kill the victim’s family. Pictures recovered by investigators reported showing a gun pointed to the victim’s head.

The victim was able to escape in late May after convincing one of the suspects to allow him to access his laptop, where he claimed the password was stored. When left briefly without caution, he fled to the apartment and asked for help from a traffic officer nearby. That he was hospitalized for injuries that match his account to be restrained and abused.

Following the escape, Woeltz, who was reported that a cryptocurrency investor from Kentucky, was arrested on the site. Meanwhile, Duplessie, a resident of Miami, surrendered to the authorities after days.

A police search in the townhouse revealed a cache of items, including drugs, weapons, body weapons and tracking tools. Authorities have also recovered the evidence suggesting the attack was fully planned. Their next court date is set for October 15.

Related: Sentences in the Belgian court are three in the kidnapping of the crypto investor’s wife

Specified kidnappers to wear electronic ankle monitors

Crime reporter Lauren Conlin, who attended the hearing, Says In an X Wednesday post that Woeltz and Duplessie should wear electronic ankle monitors, surrender passports and go through a security inspection every 72 hours.

“The defense says it’s a hazing and the victim wants to be a part of life and it’s only 17 days of Shenanigans,” he wrote.