In a recent development, Tornado Cash developer Alexey Pertsev’s bail request has been denied. The bail denial occurred amidst the defense lawyers’ attempt to submit an appeal for the money laundering charges. In May 2024, Pertsev was convicted of $1.2 billion money laundering charges and sentenced to five years and four months in prison. The The post Court Denies Tornado Cash Developer Pertsev’s Bail Request: Report appeared first on Coin Edition .