One of two suspects accused of torturing an Italian millionaire in a New York City apartment over his refusal to disclose his bitcoin password, reportedly worth $100 million, was sprung from jail after spending two months in custody.

John Woeltz, 37, was released from Rikers Island on $1 million bond, the New York Post reported. The release came a week after a Manhattan judge granted bond for Woeltz and his alleged accomplice, 33-year-old William Duplessie.

Both men are accused of kidnapping and torturing Italian crypto trader Michael Valentino Teofrasto Carturan. Defense attorneys argued the alleged torture was akin to "fraternity-like hazing."

2 NYC COURT OFFICERS STABBED AT SITE OF ICONIC TRIALS

"Mr. Carturan was there in the role of a pledge," Woeltz’s attorney, Wayne Gosne

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