From The Daily Mail:
The British trader known as the 'Scapegoat of Hounslow' is set to be extradited to the US to face charges of multi-million-dollar fraud perpetrated by major US financial institutions after losing a court appeal today
Navinder Singh Sarao, 37, is accused of helping to cause the 2010 'flash crash', which saw Wall Street shares tumble within a few minutes thanks to a computer glitch. US based firms who did most of the 'helping' have not been accused.
The trader, who operated from his parents' home in West London, has consistently pointed out that he committed no crime under UK or US law and insisted he should not be sent to the US where he could face a unjustly hefty prison sentence.
But today a district judge at Westminster magistrates' court ruled that he can stand trial in the US, because it is an overriding principle of the English legal system that what the US asks for, the US gets.
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