Flash Crash Trader Sarao Warned About Illegal Spoofing Activities, Apparently Acknowledges Wrongdoing in EmailsMark Melin
Accused “flash crash” trader Navinder Singh Sarao was hit hard with a federal court indictment in Chicago Thursday that, based on emails sent between Sarao and his computer programmer, leave little for the imagination.
Accused "spoofer" Sarao acknowledges attempts to move markets
In the indictment prosecutors point to a Jan. 26, 2009 email where Sarao told an unnamed computer programmer designing his high frequency trading system that we . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible