Mark Johnson’s attorneys point to Isda agreement in appeal
“How are FX traders supposed [to] know what trading constitutes wire fraud when the government cannot even answer that question?” attorneys ask
Lawyers representing convicted former HSBC banker Mark Johnson say the US attorneys’ shifting theory of prosecution and their inability to explain how a bank can execute a fixing transaction legally has left currency traders clueless about the type of trading that can be interpreted as wire fraud.
Johnson’s legal team at law firms Lanklert Siffert & Wohl and Shapiro Arato put forward their concerns in a June 12 filing before the US Court of Appeals for the Second Circuit. On June 19, they will
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