April 22, 2015 BY Andrew Saks-McLeod

Flash crash trader gets strict £5 million bail, faces August extradition hearing

The U.S. Justice Department has charged Navinder Singh Sarao, 36, of West London, with wire fraud, commodities fraud and manipulation, and one count of "spoofing." He now faces extradition in August and is subject to £5 million bail conditions

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