The denial of bail surprised Pertsev's defense lawyer, who had hoped his client could await trial under more conducive conditions
Alexey Pertsev, the Tornado Cash developer, has been sentenced to five years and four months in prison on money laundering charges. Despite an appeal, his bail has been denied, prolonging his detention. Crypto veterans criticize the court's decision.
The appeal process is expected to take several months, though it remains unclear if it has been granted
The Netherlands has indicted Alexey Pertsev and set his trial for March 26