A Dutch court rejected the bail application of Tornado Cash developer Alexey Pertsev, and he will continue to serve his sentence pending an appeal trial. Alexey Pertsev's defense lawyers Keith Cheng and Judith de Boer said Pertsev would not abscond and that he needed to be online to prepare for the appeal trial. Pertsev was arrested in the Netherlands in August 2022. Another Tornado Cash developer, Roman Storm, will stand trial in the United States in September. He is charged with money laundering, conspiracy to operate an unlicensed money transmitter, and conspiracy to violate US sanctions laws. (DL News)