Hedge Funds
Navinder Sarao indicted by US federal grand jury on 22 criminal counts over allegations he used trading program to ‘spoof’ marketsThe London-based trader accused by US authorities of market manipulation that helped cause the 2010 Wall Street “flash crash” is due to appear in court on Friday to fight extradition to the United States to face trial. Navinder Sarao, arrested by British police on a US warrant in April, has been indicted by a US federal grand jury on 22 criminal counts including wire fraud, commodities fraud, commodity price manipulation and attempted price manipulation. Continue reading...