Accused "flash crash" trader to be released on bail in London

August 14, 2015 12:08 PM

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LONDON Aug 14 Navinder Sarao, the London-based trader wanted in the United States for his alleged role in 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.

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