According toFin24,charges against Spangni could land him in prison for up to 20 years.
The charges he faces in SouthAfricaare unrelated to cryptocurrency.
The complaint against Spagni was also brought against him in 2012, according to court documents.
A popular cryptocurrency developer who goes by the nickname “Fluffypony”, Ricarrdo Spagni has been arrested in the United States after he fled fraud charges in South Africa. Image: ChesnotSource: Getty Images
Spangi initially pleaded not guilty and then failed to appear in court at a later date.
Enjoyed reading our story?
Download BRIEFLY’s news app onGoogle Playnow and stay up-to-date with major South African news!
Read also
Source: Briefly News
Lebogang Mashego (Current Affairs HOD)Lebogang Mashego runs the Current Affairs desk.
She joined the Briefly News team in 2021.
She has 6 years of experience in the journalism field.
Read also
She worked as a lifestyle writer and editor at W24 and Opera News.
She graduated with a BA degree majoring in Journalism and Media Studies in 2017.
She’s a recipient of the INMA Elevate Scholarship.
Read also
