UK Court finds British Futures Trader Extraditable for Stock Market “Flash Crash”

On March 23, 2016, District Judge Quentin Purdy, a U.K. judge in the Westminster Magistrates’ court, ruled that Navinder Singh Sarao, 36, the British futures trader accused of contributing to the so-called stock market “flash crash” of 2010, is extraditable to the U.S. on 22 charges ranging from wire fraud to commodities manipulation on U.S. futures markets over a four-year period.