South African Court Releases Former Monero Developer Riccardo Spagni From Cus...
A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law enforcement agents, a report has said. Prior to his release, Spagni aka Fluffypony told the court he had returned to South Africa voluntarily and that he was not a flight risk. US Judge Grants Motion for Spagni’s Extradition A South African regional court magistrate recently ruled to release fraud-accused former Monero lead developer, Riccardo Spagni, from custody on a warning, a report has....
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Former Monero developer Riccardo Spagni has been released from a U.S. prison where he reportedly spent “sixty-one days in solitary confinement.” The developer’s release was prompted by the failure of South African authorities “to make a timely submission in support of an extradition request.” South African Government Fails to Submit Extradition Documents As previously reported by Bitcoin.com News, Spagni was arrested in the U.S. while en route to Mexico. His arrest by U.S. law enforcement had been made courtesy of a request by the South African....
Former Monero lead maintainer, Riccardo Spagni, faces over 370 counts of fraud, forgery, and uttering. The charges against the developer stem from fraudulent activities he allegedly committed when he was still employed by Cape Cookies.
Fluffypony Pleads Not Guilty
The so-called crypto mogul and former Monero lead developer, Riccardo Spagni, has been charged with 378 counts of fraud by the South African government, a report has said. The charges follow allegations that Spagni defrauded his former employer of more than $93,500 (R1,453,561). The crimes are alleged to have taken....
Former lead maintainer of Monero Riccardo Spagni, aka Fluffypony, has been arrested in the U.S. and is now waiting for his extradition to South Africa where he will stand trial for fraud. Spagni described the case as “an old matter, which I have continuously been trying to resolve since 2011.” Fluffypony Arrested, Waiting for Extradition to South Africa The U.S. government filed a Memorandum of Extradition Law and Request for Detention Pending Extradition Proceedings for Riccardo Paolo Spagni with a district court in Tennessee on July 21. Spagni, also known as Fluffypony, was....
Court filings hint at authorities allowing Spagni to be in the United States for the Independence Day holiday weekend before being taken to South Africa early on Tuesday. Riccardo Spagni, the former maintainer of the privacy coin Monero also known as Fluffypony, faces extradition to South Africa months after his arrest by U.S. authorities.In a Thursday court filing for the Middle District of Tennessee, Magistrate Judge Alistair Newbern ordered Spagni to surrender to U.S. Marshals on July 5 for extradition to South Africa. He will reportedly face 378 charges related to allegations of fraud....
To many people in the Bitcoin community, altcoins are considered nothing more than scams. Part of the reason is that altcoin developers and promoters are often found telling people to purchase an altcoin for their own financial benefit; however, this is not the case for Monero developer Riccardo Spagni. Spagni holds a relatively pragmatic view on altcoins. The Monero developer has told individuals with limited funds to not buy the altcoin. In fact, he has stated, “The most likely scenario is that Monero fails entirely.” To many, Spagni’s unique take on the altcoin market, especially as a....