Riccardo Spagni, a former maintainer of privacy coin Monero (CRYPTO: XMR), will soon be extradited to South Africa.
What Happened: A Thursday court order from the Middle District of Tennessee ordered Spagni to surrender to U.S. Marshals on July 5 for extradition.
Spagni faces a number of charges in South Africa but none of them are related to his role as a Monero developer.
Most of these charges pertain to a case of $100,000 worth of invoice fraud against his former employer Cape Cookies between 2009 and 2011 in South Africa.
Spagni fled the country to the U.S. in 2021 and remained at large until August when he was captured and arrested in Nashville.
Photo via Cryptographer on Shutterstock
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.
