"Flash crash' trader may be extradited to U.S., judge rules

March 23, 2016 4:19 PM

26 0

NEW YORK-- Navinder Sarao, the 36-year-old trader whose allegedly bogus trades contributed to the 2010 "flash crash," can be extradited to the U.S. to stand trial, a U.K. judge ruled Wednesday.

Sarao, who allegedly made millions from illegal trading from his parent's house near London's Heathrow Airport, should be sent to the U.S. in the "interests of justice," Judge Quentin Purdy of the U.K.'s Westminster Magistrates' Court said in a 15-page judgement.

Also read: EU fights back to neutralize US sanctions against Iran

Read more

To category page