Spagni has hired Brian Klein, a leading crypto trial attorney, to handle his case.
Privacy protocols have become the focal point of regulators and law enforcement agencies when the race among central banks to launch sovereign digital currencies is heating up.
Riccardo Spagni, better known as "Fluffypony," will relinquish his day-to-day leadership role in the privacy coin project.
Monero dev Riccardo Spagni and entrepreneurs Naveen Jain and Dan Teree are launching a new digital asset protocol on the privacy token's network.