News

Flash crash trader freed on bail

A UK trader accused of contributing to the 2010 US “flash crash” has been freed on bail after his conditions were changed.

Navinder Singh Sarao successfully argued he could not access bail of £5.05m because his assets had been frozen.

The US Justice Department (DoJ) wants him extradited on wire and commodities fraud and market manipulation charges.

James Lewis QC represents Mr Sarao.

Click here to read the article from the BBC.

14th August 2015