Traders could face extradition to US in fixing lawsuit

DoJ, FCA, BoE and UK Treasury are investigating benchmarks

scales of justice

Traders could face extradition to the US to be tried on antitrust charges if formally accused of manipulating currency benchmarks, as a recent case establishes a precedent, lawyers say.

If the US Department of Justice (DoJ) and UK authorities find that equivalent laws in both jurisdictions have been breached, accused individuals could face trial on US soil after Italian national Romano Pisciotti became the first person to be successfully transferred to the US on antitrust charges three months

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