The former head of currency trading at HSBC a last-gasp attempt to fight extradition to the U.S. and a likely trial to face wire-fraud charges.
Bloomberg News reports that Stuart Scott was charged, along with his ex-boss Mark Johnson, by the U.S. Justice Department in July 2016 with front-running a $3.5 billion currency order from Cairn Energy Plc in 2011 that made the bank $8 million. A London judge ordered his extradition in October.
Johnson was found guilty by a New York jury last year and sentenced to two years in prison, becoming the first person convicted in a global crackdown on currency rigging.
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