Posted on 03/23/2016 6:29:16 AM PDT by Citizen Zed
In September 2015, Sarao's lawyers argued against his extradition on the grounds of his recently diagnosed severe Asperger's Syndrome, a form of autism which often affects people with high intelligence, and that his current "mental health was fragile. They also argued that Sarao's conduct, as it is described in U.S. court filings, does not amount to a criminal offence in the U.K. The latter was seen as a key focus for the hearing on Wednesday which decided on his extradition.
If forced to go to the U.S., he would face 22 counts of fraud and commodity manipulation, carrying a maximum of 380 years in jail. The U.S. is generally viewed as a harsher environment for white collar crime than the U.K.
At earlier pretrial hearings, prosecuting lawyers argued that Sarao persisted with his activities despite calls to cease from the U.S. authorities, and that the spoof trades could have made him £26 million ($40 million) over four years. Rather than snapping up a luxury Mayfair bachelor pad, the pretrial hearings also highlighted that Sarao still lived with his parents in a three-bedroom house on a nondescript street in suburban London.
(Excerpt) Read more at cnbc.com ...
SOROS?
He’s just the patsy in this game.
His trading simply exposed what the HFT’s were already doing in the market. The elites can’t have their rigged casino exposed.
I guess it pays to know where the bodies are buried...
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