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Court Denies Tornado Cash Developer Pertsev’s Bail Request: Report Coin Edition 14 Jul 2024

Court Denies Tornado Cash Developer Pertsev’s Bail Request: Report ⚖️

Tornado Cash Alexey Pertsev Coin Edition Court Money Laundering
The court has denied the bail request of Tornado Cash developer Alexey Pertsev. This bail denial comes as defense lawyers submitted an appeal for the $1.2 billion money laundering charges. Pertsev was convicted in May 2024 and sentenced to five years and four months in prison.

Source: coinedition.com ↗

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