News Report

Fluffypony has officially agreed to his extradition to South Africa following the holiday

Via Unsplash .

Riccardo Spagni, widely recognized in both Twitter and crypto circles as Fluffypony since 2011, has been through tumultuous legal battles that might finally be coming to a close. In a recent court filing by the Middle Tennessee District Court, a ruling from U.S. Magistrate Judge Alistair Newbern now requires Spagni to turn himself in to U.S. Marshals for extradition back to his home country.

Authorities in South Africa are set to execute the arrest on American territory on Tuesday, July 5, with a request for Spagni to report at 9 a.m. on that day. His bail conditions will remain valid until that time.

Yesterday, Cointelegraph Reports confirm that Spagni faces an astonishing 378 charges tied to allegations of fraud and forgery from 2009 to 2011 while working with a company called Cape Cookies. The charges include 126 counts each of fraud, forgery, and issuing forged documents.

These recent occurrences barely scratch the surface of what has been a narrative filled with missed opportunities and mishaps. For instance, MyBroadband reported on June 2 that Spagni traveled to the U.S. during a peak period of the Covid-19 pandemic, missing a scheduled court appearance due to his misunderstanding that his physical presence was unnecessary. real bombshells After the South African authorities called for Spagni’s arrest, he was apprehended last July in Nashville while attempting to reach a crypto conference in Mexico, with a stop in Tennessee to refuel. Although he was detained until September 2021, he was eventually released due to a technicality when the South African government failed to file essential paperwork promptly.

Fluffypony’s Twitter avatar features a Tubby Cats NFT.

After being freed last fall, Spagni expressed his relief on Twitter, stating, \"I’m thrilled that the U.S. court has decided to release me. I’m working closely with my legal team on how I might return to South Africa soon to tackle this issue and move forward with my life… that’s been my aim all along.\"

The latest turn of events validates his previous statements about his intentions. It appears that Spagni's decision to agree to extradition to South Africa was somewhat voluntary, possibly a tactical decision. On May 25, 2022, his legal team submitted documents indicating his willingness to waive his right to a trial prior to being extradited.

The tweet was pinned to the top of his timeline at press time. 

Once back in South Africa, Spagni will contest claims that he defrauded his former employer, Cape Cookies, by allegedly manipulating invoices between them and an IT supplier known as Ensync, as reported by MyBroadband. The total value of the questionable invoices he submitted to Cape Cookies' finance department allegedly exceeds $100,000. Currently, Spagni maintains his not guilty pleas.

The U.S. government opted to allow Spagni to remain in the country throughout the holiday weekend — perhaps as a token of appreciation for his cooperation, a nod to patriotism, or possibly an effort to give officials a genuine break. An independent court document also permitted the temporary return of Spagni’s passport, allowing him to apply for a Social Security Number, possibly hinting at an eventual, more enduring presence in the U.S. reportedly After July 5, it remains uncertain if Spagni can successfully restore his reputation or if this marks the end of his narrative for now.

This could be the final chapter we hear regarding Fluffypony’s endeavors for the time being.

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