The former trader Tom Hayes has received a boost to his bid to clear his name after a US court threw out criminal charges against him over Libor manipulation.
Hayes, 43, said the UK’s legal position “is now demonstrably absurd” after a New York district judge dismissed an indictment against him for Libor-rigging. The decision comes a decade after the US Department of Justice first filed charges against Hayes.
In 2015 Hayes, who has Asperger’s syndrome, became the first person to be convicted of manipulating the now-discredited financial benchmark by a jury in the UK. He was released from prison in January last year after serving about half of an 11-year sentence.
He has always maintained his innocence, and is seeking to
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