Monero’s Riccardo Spagni denied bail in fraud case

Riccardo Paolo Spagni, the lead Monero maintainer who was recently arrested on charges related to fraud, has been denied bail.

A U.S. court stated that Spagni, who goes under the nickname Fluffypony, had not proven that he wasn’t a flight risk. According to the judge, Spagni had previously flown to the United States when he was supposed to appear in court in South Africa. The judge ruled that he should remain in custody until his extradition hearing takes place.

What did Riccardo…


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