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Monero developer Riccardo Spagni released - The Cryptonomist

source-logo  en.cryptonomist.ch 24 September 2021 07:02, UTC
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Well-known Monero developer Riccardo Spagni has been released. 

He announced it himself on Twitter saying he was very happy that the US court released him.

I am very pleased that the U.S. court has released me. I am actively working with my attorneys on a way to return to South Africa as soon as possible so I can address this matter and get it behind me once and for all. That’s what I’ve always wanted to do.

— Riccardo Spagni (@fluffypony) September 21, 2021

He also said he is working with his lawyers to return to South Africa as soon as possible.

Summary

Spagni free after 61 days in solitary confinement

Spagni had been detained in early August, apparently for contempt of court over a misunderstanding regarding the setting of court dates in an old case that has been going on since 2011.

1/2 Thank you everyone for your kind messages and in this matter.  
A message from @fluffypony: 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,

— Saskia Spagni (@Spatzipantz) August 2, 2021

He spent 61 days in solitary confinement, and was awaiting extradition, but has now been released and is free in the US.

Spagni is due to stand trial in South Africa over a matter dating back a few years concerning alleged fraud.

The reason why he has been detained in the US may also be related to the fact that the court found that he is in possession of substantial cryptocurrency assets that could allow him to escape.

The court had him arrested at the request of the South African government, which is seeking his provisional arrest to stand trial.

Riccardo Spagni

Why Monero dev Riccardo Spagni was detained

The case he is involved in concerns his former employment as an IT manager for a company, and the suspicion that he used false information to issue false invoices by inflating prices and replacing the supplier’s bank details with his own.

The problem does not concern Monero at all, nor his work in the crypto sector.

The release is apparently due to the fact that the South African authorities did not submit the necessary documents for the extradition request, so the US court was forced to release him.

It is unclear why the South African authorities first requested his arrest internationally, but then did not request his extradition. Nonetheless, it seems that Spagni intends to return to the country to face trial, and could do so as a free man.

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