Tornado Cash developer Alexey Pertsev denied bail while awaiting appeal
Pertsev will now spend the next year in prison while his lawyers prepare an appeal for money laundering charges.
Alexey Pertsev, the developer behind the OFAC-sanctioned crypto mixer Tornado Cash has been denied bail while his lawyers prepare to submit an appeal for charges of money laundering.
Pertsev’s defense lawyer, Keith Cheng, told DL News the rejection of Pertsev’s bail request came as a surprise, noting that an additional request for Pertsev to gain access to a computer to prepare for his appeal was also denied.
The court said Pertsev’s continued detention would not obstruct his ability to prepare his defense, adding that Pertsev’s request for computer access went against its safety protocol.
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Author: Tom Mitchelhill
