Professor Andrew Verstein discusses extradition of 2010 ‘Flash Crash’ culprit Navinder Singh Sarao on Bloomberg Law Radio

Photo of Wake Forest Law Professor Andrew Verstein

Associate Professor Andrew Verstein

Professor Andrew Verstein was interviewed on Bloomberg Law’s Radio Show on Monday, Oct. 17, 2016.  Professor Verstein discussed Navinder Singh Sarao’s extradition to the United States to stand trial.

Sarao is the British trader allegedly responsible for the trillion-dollar “flash crash” in 2010. He requested for permission to appeal his extradition to the United Kingdom High Court on Friday, Oct. 14, but was denied.  Sarao faces 22 charges of fraud, according to a Bloomberg article, and may be sentenced to 380 years in prison.

Professor Verstein also discussed Sarao on Bloomberg Law Radio in the segment, “Bloomberg Law Brief: Trump Taxes and Trader Spoofing (Audio),” on Oct. 3, 2016.  In it, he joined Professor Peter Henning of Wayne State University Law School.  Both Bloomberg Law Radio segments were hosted by June Grasso.

Professor Verstein frequently discusses financial law topics in the media, such as on CNBC’s Squawk Box and Worldwide Exchange, and BBC’s World Report, and in Bloomberg and the Wall Street Journal.  He has also written and spoken widely on crowd funding and person to person lending, market manipulation, and nature of financial benchmarks and indices such as Libor.