The US request to extradite Navinder Sarao from Britain on 22 charges misrepresented how markets worked,court is toldThe US request to extradite the London-based trader Navinder Sarao, who is accused of helping to spark the 2010 Wall Street “flash crash”, or was “counterfeit 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, or commodity-price manipulation and attempted price manipulation. Related: 'Flash crash' trader indicted by US grand jury Continue reading...
Source: theguardian.com