Lawyer for SA crypto developer 'Fluffypony' says arrest in US caused by 'misunderstanding'

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Riccardo Spagni.
Riccardo Spagni.
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A well-known South African cryptocurrency developer who was arrested last month in the US had travelled overseas in the belief he had been excused from attending a court hearing in Cape Town, according to his attorney. 

The US Marshals service arrested 38-year-old Riccardo Spagni, also known as "Fluffypony", on July 20 in Nashville, Tennessee, on behalf of SA authorities who want him extradited to face fraud charges. 

According to US authorities, he was arrested "without incident" when the chartered jet that he hired to take him to Mexico from New York stopped over in the southern US state to refuel.

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