South African court releases former Monero developer Riccardo Spagni from custody
07/18 08:34
According to Bitcoin.com, a South African regional court magistrate recently ruled to release fraud-accused former Monero lead developer, Riccardo Spagni, from custody on a warning, a report has said. The magistrate’s decision to release Spagni came just days after he was arrested and taken into custody when he landed at the OR Tambo International Airport.
As previously reported by Bitcoin.com News, Spagni was arrested in Nashville, Tennessee on 21 July 2021 by U.S. law enforcement agents. The arrest was at the instigation of the South African government. Since then, Spagni has remained in U.S. custody pending the finalization of the extradition process.
Initially, Spagni is reported to have resisted attempts to extradite him to South Africa. However, on June 30, a motion for his extradition was eventually granted by a U.S. magistrate judge, Alistair E. Newbern. This then paved the way for his transfer from the United States to South Africa where he reportedly arrived on July 11.
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