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Supporters of Tom Hayes, the first person to be convicted for the manipulation of the London Interbank Offered Rate (LIBOR), have launched a crowdfunding appeal to raise £150,000 ($217,403) to fund a further appeal against his conviction. The former trader, currently serving an 11-year prison sentence, was also ordered to pay a confiscation order of £878,806 ($1,240,267) in February by a UK criminal court.
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Hayes was initially given a 14-year sentence before it was reduced to 11 ... (read more)