Sweden Appeals U.K. Bail of Wikileaks Founder

Updated at 6:56 p.m. ET

Julian Assange, the international lightning rod and founder of WikiLeaks, has been granted bail in London while awaiting further hearings regarding his possible extradition to Sweden to face sexual assault charges.

For a while it looked as though Assange might walk out of a British court Tuesday a relatively free man. CBS News correspondent Elizabeth Palmer reports Julian Assange will stay behind bars for now over the protests of his supporters.

With Assange's supporters cheering, his high-powered lawyers arrived at the courthouse. Inside, Assange looked confident as the judge agreed to give him bail though with tough conditions.

Just over $300,000, up front, in cash, and an order that he wear an electronic tag. That turned out to be just the opening round in what's become a media circus and a legal tug of war.

Even though the British judge granted Assange bail he's back in jail Tuesday night and will have to stay there until Thursday when Swedish prosecutors appeal that decision.

"We've heard the Swedes won't abide by the umpire's decision," said Assange's lawyer Mark Stephens. "They want to put Mr. Assange to yet more trouble. This is really turning into a show trial."

Technically, it was an extradition hearing relating to Swedish sexual assault allegations but global attention and celebrity backers that include Bianca Jagger have cast it as a fight for WikiLeaks and freedom of expression. Tusday night American director Michael Moore put up $20,000 for Assange's bail.

As a police van drove a disappointed Assange back to his prison cell his website continues to leak confidential state department cables onto the World Wide Web.

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The 39-year-old Australian has been held in a London prison for a week after surrendering to Scotland Yard police to answer a Swedish arrest warrant, the AP reports.

Assange is wanted for questioning after two women accused him of sexual misconduct in separate encounters in Sweden over the summer. Lawyers for Assange say he denies the allegations and will contest Sweden's attempt to extradite him for questioning, the AP reports.