Navinder Singh Sarao, the ‘Flash-Crash’ trader, nears the end of his U.K. extradition fight. Sarao’s final appeal will be held on 14 October 2016, finalising whether his extradition will stand trial in the U.S.
In April 2015, English laws changed and all extraditions must now be granted permission to appeal via a written application. Sarao’s lawyers have sought to undermine the U.S. case by arguing his actions weren’t a crime in the U.K. and, as a British citizen, any trial should take place in England.
…
“With one foot already on the plane to the U.S. having had his extradition ordered and application for leave to appeal refused on paper, this is Sarao’s last opportunity to persuade the High Court,” said Edward Grange, a London lawyer at Corker Binning.
“If the renewed application for leave to appeal is refused, Sarao will have come to the end of the road,” Grange said.
Read the full articles in Bloomberg and Yahoo! Finance.
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