The verdict has been upheld, Matolcsy and his associates will remain behind bars

The Budapest Court confirmed the detention of György Matolcsy and two others until November 23, 2026, rejecting their appeals for bail. The court found sufficient evidence of the suspects' involvement in the alleged crimes, including witness testimonies and electronic data. Concerns about the suspects potentially fleeing and influencing evidence were highlighted, necessitating their isolation. The court noted that bail would not adequately prevent evidence tampering or reoffending, given the serious risks involved. The investigation continues with the analysis of seized electronic data and further interrogations.

Fact-check this story: paste the text or link into Justifact and get a verdict with the sources consulted.