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‘Flash Crash’ Trader Appeals Extradition to US

Posted: Wed May 25, 2016 7:50 pm
by kreslik.news

The U.K. based trader who has been accused to inadvertently caused one of the greatest point moves in the history of the U.S. stock market, Navinder Singh Sarao, has challenged the decision of the British court to allow his extradition to the U.S.

Sarao has filed an appeal with the High Court in London in a last ditch attempt to prevent the possibility of him facing wire fraud and futures markets manipulation charges across the Atlantic. Back in March, his extradition to the U.S. was approved by a judge in London. With about 22 possible charges pending for Sarao in the U.S., his ... (read more)