Former lead maintainer of Monero Riccardo Spagni, aka Fluffypony, has been arrested within the U.S. and is now ready for his extradition to South Africa the place he’ll stand trial for fraud. Spagni described the case as “an previous matter, which I’ve repeatedly been attempting to resolve since 2011.”
Fluffypony Arrested, Ready for Extradition to South Africa
The U.S. authorities filed a Memorandum of Extradition Legislation and Request for Detention Pending Extradition Proceedings for Riccardo Paolo Spagni with a district courtroom in Tennessee on July 21.
Spagni, also referred to as Fluffypony, was previously a Monero lead maintainer. The courtroom doc states that “Spagni is believed to have vital cryptocurrency property that may allow him to flee.”
The U.S. is “executing its treaty duties and appearing on the request of the federal government of South Africa,” the submitting particulars, including that the South African authorities seeks his “provisional arrest with a view towards his extradition to face trial for fraud.” On July 20, the district courtroom issued a warrant to arrest Spagni for the offense dedicated in South Africa.
In accordance with the courtroom doc, whereas employed by Cape Cookies CC from Oct. 1, 2009, to June eight, 2011, as its IT Supervisor, “Spagni knowingly used false data to manufacture” invoices purporting to be from a provider known as Ensync and three different non-existent firms.
He “inflated the costs for the products and/or providers” on every bill and changed the provider’s financial institution data along with his personal. The courtroom doc particulars:
In counting on Spagni’s misrepresentations, Cape Cookies paid every bill by the use of digital funds switch into financial institution accounts Spagni managed.
The proof signifies that he “obtained 1,453,561.47 South African Rand, or roughly $99,185, because of his efforts to defraud Cape Cookies,” the submitting notes.
Spagni was charged within the Western Cape Regional Courtroom, Cape City, for fraud and different costs however he pleaded not responsible to them.
Nonetheless, Spagni failed to seem in courtroom for his trial. In making an attempt to find him, South African authorities discovered that he had fled the nation. The Justice of the Peace Courtroom of the District of Cape City, South Africa, proceeded to problem an arrest warrant for him on April 19, 2021.
Spagni issued an announcement Monday:
Sadly, as a consequence of a misunderstanding on the subject of the setting of courtroom dates in an previous matter, which I’ve repeatedly been attempting to resolve since 2011, I’ve been held in contempt of courtroom and presently awaiting extradition.
His legal professional at Duncan Okes Inc. additionally issued a statement relating to the case: “In our view, and opposite to accepted follow and process and given the circumstances, the difficulty of the warrant of arrest was irregular and unwarranted.”
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