The Traderszone Network

Published in TZ Latest News 14 August, 2015 by The TZ Newswire Staff

Accused U.S. ‘flash crash’ trader set to be freed on bail in London

Navinder Sarao, the London-based trader accused by the United States of market manipulation that contributed to the 2010 Wall Street “flash crash”, is set to be freed on bail on Friday after his conditions were modified, one of his lawyers said. Sarao was arrested by British police on a U.S. extradition warrant in April after being charged with wire fraud, commodities fraud and market manipulation by the U.S. Justice Department.

read more