US Faces Uphill Battle To Extradite UK FX Traders, Attys Say

Law360, London (January 11, 2017, 6:04 PM GMT) -- The U.S. may struggle to extradite three former traders charged Tuesday with rigging foreign currency exchange markets because Britain's Serious Fraud Office has already cleared them from prosecution following a major investigation, their lawyers said Wednesday.

The U.S. Department of Justice brought criminal charges against Christopher Ashton, former head trader in London for Barclays PLC, Richard Usher, who traded for JPMorgan Chase & Co.  and Royal Bank of Scotland Group PLC, and Rohan Ramchandani, who worked for Citigroup Inc. They stand accused of manipulating of the...
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