Post Profile






"Flash Crash Mastermind" Navinder Sarao To Be Extradited To The US, Faces Up To 380 Years In Jail

In one of the most ridiculous perversions of justice, last April the SEC flipped its official narrative over the May 2010 flash crash, when it moved away from its closely held "explanation" that the 1000 point plunge in the Dow Jones was due to a trade by Waddell and Reed, and instead blamed a sole operator, London-based futures trader, Navinder Singh Sarao, who had lived with his parents (although he did not trade from the basement) for the fiasco.
read more

share

Related Posts


Was The SEC "Explanation" Of The Flash Crash Maliciously Fabricated Or Completely Flawed Due To Plain Incompetence?

Business & Finance : Zero Hedge

Regular readers know that since the beginning, Zero Hedge has been vehemently opposed to the official SEC explanation of the chain of events that brought upon the Flash Crash of May 6, 2010, in which the Dow Jones Industrial Average...

Judge Orders Extradition to U.S. in ‘Flash Crash’ Case

Business & Finance : DealBook

Navinder Singh Sarao, a British trader, is accused by United States authorities with contributing to turmoil that led the Dow to fall more than 600 points.

Lawyer for accused 'flash crash' trader calls U.S. extradition request false

Business & Finance : Business Insider: Money Game

By Michael Holden LONDON (Reuters) - The U.S. request to extradite London-based trader Navinder Sarao, accused of helping to spark the 2010 Wall Street "flash crash", is "false and misleading" because it misrepresented the way marke...

British judge approves extradition of "flash crash" trader to U.S.

Business & Finance : Business Insider: Clusterstock

LONDON (Reuters) - A British judge on Wednesday approved a U.S. extradition request for a London-based trader accused of contributing to the 2010 Wall Street "flash crash" by placing bogus orders to spoof the market. Navinder Sarao,...

British Trader Navinder Sarao Arrested Over 2010 Flash Crash

Business & Finance : Forbes: Business

The mystery over the May 6, 2010 Flash Crash took a turn on Tuesday when the Department of Justice said it arrested a little known U.K.-based trader, Navinder Singh Sarao of Sarao Futures, for playing a key role in that day's market...

Comments


Copyright © 2016 Regator, LLC