Monero’s Riccardo ‘Fluffypony’ Spagni released from custody in South Africa
The former Monero lead maintainer was extradited to South Africa from the U.S. earlier this month to face over 370 charges of fraud against his former employer.
The former Monero lead maintainer was extradited to South Africa from the U.S. earlier this month to face over 370 charges of fraud against his former employer.
In June 2021, Riccardo Spagni was arrested by the U.S. authorities at the request of the South African government. He was charged with 378 counts of fraud and forgery in his home country.
The South African government issued an arrest warrant for the former Monero lead maintainer, who is accused of defrauding $100,000 from his former employer.
Spagni has not been convicted of anything yet, but he stands accused of defrauding his former employer, Cape Cookies, out of R1.4 million, or just shy of US$100,000, over the course of two years.
Riccardo Paolo Spagni, better known as Fluffypony, is alleged to have committed corporate fraud while working for a South African tech company back in 2009.