The sun sets on the address where Nav Sarao Futures Limited is registered, in Hounslow, London April 21, 2015.(Reuters)
London:
A London court granted conditional bail on Wednesday to Navinder Singh Sarao, a trader accused by U.S. authorities of illegally stoking the May 2010 Wall Street "flash crash", and set the required surety at 5.05 million pounds ($8 million).
Sarao, who opposes extradition to the United States to face trial in an Illinois court, is required to post 5 million pounds himself while his closest relatives must produce the remaining 50,000 pounds.
Sarao's passport has been taken away from him and his bail conditions include other restrictions on his movements.
Sarao, who opposes extradition to the United States to face trial in an Illinois court, is required to post 5 million pounds himself while his closest relatives must produce the remaining 50,000 pounds.
Sarao's passport has been taken away from him and his bail conditions include other restrictions on his movements.
© Thomson Reuters 2015
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