Tax implications of crypto mining in South Africa
The income tax and VAT consequences for crypto asset mining and staking will vary, depending on how participants earn rewards.
United States orders South African blockchain developer to surrender for extradition
The South African government is scheduled to arrest Riccardo “Fluffypony” Spagni in the United States on Tuesday, 5 July 2022.
This comes after the US government delayed Spagni’s surrender from the evening of...
South African crypto mogul "Fluffypony" faces 378 counts of fraud, forgery, and uttering
The South African government says it has charged Riccardo “Fluffypony” Spagni with 378 counts of fraud, forgery, and uttering in a R1.5-million dispute with his former employer.
He has waived his right to...
South African crypto mogul released from US jail
After South African authorities failed to file the necessary paperwork for his extradition hearing, South African cryptocurrency mogul Riccardo “fluffypony” Spagni was released from the Daviess County Jail in Owensboro, Kentucky.
In a message...
Why South African crypto mogul was arrested in the United States
Riccardo “Fluffypony” Spagni’s arrest in the United States resulted from a series of administrative errors and misunderstandings over an extended period, his attorney Duncan Okes has stated.
High profile South African crypto developer arrested for fraud
Riccardo Spagni (@fluffypony) has been arrested and held without bail in the United States pending a hearing for his extradition to South Africa to stand trial for fraud.
Spagni was the lead maintainer of the privacy-focussed...
Item name: Complete GPU Crypto Mining Farm For Sale + Extras
Age and condition: Varies - Good condition all round
Do you include packaging: Yes - full retail packaging for every single component
Warranty: Yes - remainder of warranty on all components
Reason for selling: Upgrading the mining...
Criminals are dropping Bitcoin for Monero
Bitcoin is losing its luster with some of its earliest and most avid fans -- criminals -- giving rise to a new breed of virtual currency.