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Wall Street 'flash crash' accused Navinder Sarao extradited to US
The day trader accused of helping trigger the 2010 Wall Street “flash crash” from his parents’ home, has been extradited to the US and is expected to appear in a court in Chicago. Navinder Sarao is in US custody and is scheduled to appear in federal court on Tuesday morning, Bloomberg reported. Sarao lost his year-long legal battle against extradition at the high court in London in mid-October. Sarao, 37, faces 22 charges of fraud and market manipulation, which carry sentences totalling a maximum of 380 years. He is accused of making $40m (£32m) by “spoofing” the US market over five years, trading from his ... (full story)