'Flash crash' trader pleads guilty to spoofing, wire fraud

CHICAGO (Reuters) – A London-based trader pleaded guilty to wire fraud and spoofing on Wednesday after being extradited to the United States to face federal charges related to his role in the 2010 Wall Street “flash crash.”
    Navinder Sarao, 37, who traded on the Chicago Mercantile Exchange (CME) from his parents’ home near London’s Heathrow Airport, appeared in federal court in Chicago after losing a legal challenge to his extradition.
Sarao agree