Bail set at $1M each for New York City crypto bros
NEW YORK – The “crypto bros” who allegedly tortured an Italian millionaire to obtain his Bitcoin password have been granted $1 million bail each, the New York Post reports.
Crypto bros granted bail, but can’t pay in Bitcoin
What we know:
Manhattan Supreme Court Justice Gregory Carro warned the aforementioned “bros” – 33-year-old William Duplessie and 37-year-old John Woeltz – that they will not be allowed to pay the bail with cryptocurrency.
Duplessie and Woeltz will be released from jail into home confinement if they are able to pay the bail.
Both have pleaded not guilty to kidnapping charges.
The backstory:
Police say the victim, a 28-year-old man from Italy, arrived in New York City in early May.
On May 6, he was…
