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Navinder Singh Sarao was trading at Futex (london) before spoofing the market from his mother's basement.
This guy didn't even care about the money while he made $70 million.
He's now worth zero or even in debt.
 
Fugazi, my ass. You still believe that Nav was behind Flash Crash? He's just a scape goat. The real Fugazi is still out there laughing his ass off. If CME and CFTC had just looked into who made THE MOST on that day, they would easily have caught the real perpetrator. But instead, they went for an easy kill. Now, was that because they were merely stupid, or because they didn't have the power to go after the REAL cons because they were TOO BIG TO PROSECUTE?

Like the old IBM informercial, Think!
 
Navinder Singh Sarao was trading at Futex (london) before spoofing the market from his mother's basement.
This guy didn't even care about the money while he made $70 million.
He's now worth zero or even in debt.
I would like to think Nav is a bit more clever than that. Otherwise, he wouldn't have made that much money in the first place.
 
I would like to think Nav is a bit more clever than that. Otherwise, he wouldn't have made that much money in the first place.
I would also like to think he's not broke.
But officially ... He's broke.
 
Navinder Singh Sarao was trading at Futex (london) before spoofing the market from his mother's basement.
This guy didn't even care about the money while he made $70 million.
He's now worth zero or even in debt.
Think up, not down. Attic, not basement.
 
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