A judge has denied a request by federal prosecutors to revoke bail for Lev Parnas — an indicted associate of Rudy Giuliani.
Those prosecutors argued Parnas should be sent to jail pending trial, saying he made false or misleading statements about his finances — including not disclosing a $1 million transfer from a Russian bank account that he received in September.
But the judge disagreed, saying that while the money transfer may be "suspicious," it did not amount to "intentional misstatements warranting the revocation of bail."
Outside the courthouse on Tuesday, Parnas' attorney Joseph Bondy told reporters: "We're happy we got a fair audience in court. We believe that the judge came to the right result."
The judge's decision means Parnas will now remain on house arrest until his criminal case is over. He was indicted in October for allegedly funneling foreign money into U.S. elections. Parnas has pleaded not guilty.
Additional reporting from Newsy affiliate CNN.
