, fluffypony pleaded not guilty to the charges, but the state alleges he failed to appear in the WesternCape Regional Court last year, and had fled the country. Moneyweb Crypto Monero
Riccardo ‘Fluffypony’ Spagni, the former lead maintainer and public face of privacy crypto coin Monero, was warned to appear in the Cape regional court over fraud charges dating back to 2011 when he was an IT manager for biscuit company Cape Cookies. Cape Cookies alleged that he misappropriated R1.45 million through fake invoices while employed by the company.
In August 2021, a message from Spagni was tweeted on his behalf by his wife Saskia: “Unfortunately, due to a misunderstanding with regards to the setting of court dates in an old matter, which I have continuously been trying to resolve since 2011, I have been held in contempt of court and [am] currently awaiting extradition. I am hoping to resolve this misunderstanding within a short while. In the meantime my business affairs will continue under the leadership of my partners.
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