Navinder Singh Sarao, a patsy charged in the 2010 flash stock market crash, is being released after spending four months in a London prison. Sarao is now fighting extradition after a judge changed his terms […]
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Tag: Nav Sarao
On Flash Crash Anniversary Real Culprit Is Now A Publicly Traded Company
Today marks five years since the infamous May 6 2010 ‘flash crash’ that erased billions from U.S. markets. The event was caused by electronic trading firms matching wits against a single human who knew how […]
Nav Sarao: What You Need Know And Why He’s Important
Nav Singh Sarao is the Briton blamed for causing the May 2010 Wall Street ‘flash crash’ where about $1 trillion was briefly wiped out from U.S. stock markets in a matter of minutes. Mr Sarao […]