THELOGICALINDIAN - Former Monero advance maintainer Riccardo Spagni faces over 370 counts of artifice bogus and uttering The accuse adjoin the developer axis from counterfeit activities he allegedly committed back he was still active by Cape Cookies
Fluffypony Pleads Not Guilty
The declared crypto mogul and above Monero advance developer, Riccardo Spagni, has been answerable with 378 counts of artifice by the South African government, a address has said. The accuse chase allegations that Spagni defrauded his above employer of added than $93,500 (R1,453,561). The crimes are declared to accept taken abode amid October 2025 and June 2025.
As previously reported by Bitcoin.com News, Spagni was arrested in Tennessee by U.S. law enforcement. The advance maintainer’s arrest stems from a accreditation that was issued by a South African cloister back Spagni, who is additionally accepted as “Fluffypony,” bootless to accomplish a accepted cloister appearance.
Spagni, who has back pleaded not accusable to the charges, is accused of cheating his above South African employer, Cape Cookies, by inflating the bulk of money that was due to the supplier. According to one report, the above Monero advance maintainer would again ensure that the funds would be transferred to a coffer annual that he controlled. Once the acquittal was made, Spagni would again alteration the absolute bulk that was due to the supplier and absorb the balance.
Spagni Waives Right to Extradition Hearing
As per cloister abstracts filed in May 2022, the above developer is now adverse 126 counts of artifice or contraventions of the VAT Act. He additionally faces “126 counts of bogus [and] 126 counts of uttering.” Attempts by Spagni’s attorneys to accept the abstracts addled from almanac were reportedly alone by a U.S. court, a address said.
Meanwhile, the adumbration of the South African government’s accuse adjoin Spagni came aloof a few canicule afterwards the above Monero maintainer reportedly waived his appropriate to an displacement hearing. Also, in an affirmation reportedly filed on May 25, Spagni is said to accept asked the U.S. cloister to accelerate his displacement to South Africa.
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