Fraud
US court greenlights most claims in Currenex class action
Civil lawsuit brought by XTX and two other financial firms advances to next stage before trial
Lawyers divided on Johnson’s Supreme Court prospects
Ambiguity in wire fraud statutes may see court accept ex-HSBC trader’s appeal – but it’s a long shot, say attorneys
Johnson seeks US Supreme Court hearing
Ex-HSBC trader would not have been convicted in civil case, petition argues
Chatroom dealings can benefit trading – Aiyer case expert witness
Academic finds 162 examples of traders matching each other in rand chatroom, generating savings of several thousand dollars per trade
Katz: 'I couldn’t compete with Aiyer'
Former trader said Akshay Aiyer had more resources and that he would sometimes quote the defendant’s prices
Johnson seeks rehearing, argues lower fraud bar threatens markets
Former trader’s attorney says that in affirming his conviction, the panel has set a low bar for fraud
US regulators applying outdated laws to crypto, hearing told
Congress also urged to open up Fed payment system if it wants to reach the unbanked
Court considers ‘Wild West’ practices in HSBC frontrunning case
Seeking to overturn Mark Johnson’s conviction, his attorneys argue he violated no laws or industry norms when trading on behalf of Cairn
Where prosecutors stumbled in Bogucki and Cartel cases
Courtroom losses suggest failure to read the FX industry correctly before jumping into action
Robert Bogucki acquitted of fraud charges
Judge throws out case against former Barclays trader
The ‘Cartel’ three: not guilty, but still paying a penalty
Despite their acquittal, the former FX traders face obstacles in trying to rebuild their careers – meaning the DoJ didn’t fail, says one expert
StanChart to pay $40 million for attempted FX manipulation
UK bank says it now has appropriate control framework in place
Johnson’s counsels press DoJ to clearly explain his crime
Lawyers plan to argue the US’s “ever-shifting” theories show prosecutors are unclear what crime he committed
US will not argue fiduciary duty in Bogucki case
Judge orders the issue is irrelevant and the US cannot attempt to prove its case on that theory
Bogucki asks court to bar argument on fiduciary duty at trial
Judge will hear the matter later this month, ahead of February trial
Calpers did not notice price discrepancies in FX Cartel case
“If I had, I would’ve said something earlier,” managing investment director tells court
Cartel trial kicks off with ‘billions of dollars’ claim
US prosecutors say the three former traders crossed the line and got an unfair advantage
Bogucki seeks trial delay until Johnson review
US opposes motion, arguing a delay could erode witnesses’ memories of alleged misconduct
DoJ seeks stay on benchmark case discovery
Antitrust division tells court the request is to protect the integrity of ongoing cases
Johnson appeal supported by two amicus briefs
Criminalising legitimate pre-hedging when the dealer acts as principal will lead to rising costs and decreased liquidity
Bogucki lawyers subpoena HP’s trading data
Effort comes after the court denies another attempt to dismiss the superseding indictment against Bogucki