Accused 'flash crash' trader's lawyer calls US extradition request 'false'

Discussion in 'Market News' started by Lily, Oct 22, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The US request to extradite Navinder Sarao from Britain on 22 charges misrepresented how markets worked, court is told

    The US request to extradite the London-based trader Navinder Sarao, who is accused of helping to spark the 2010 Wall Street “flash crash”, was “false and misleading” because it misrepresented the way markets work, his lawyer has told a court.

    Sarao is wanted by US authorities after being charged on 22 criminal counts including wire fraud, commodities fraud, commodity-price manipulation and attempted price manipulation.

    Related: 'Flash crash' trader indicted by US grand jury

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