London forex traders found not guilty in U.S. rigging case

London forex traders found not guilty in U.S. rigging case

NEW YORK (Reuters) - Three former London-based currency traders were found not guilty on Friday of U.S. charges that they schemed to rig benchmark exchange rates, the latest criminal convictions to emerge from a U.S. probe into the multitrillion-dollar foreign exchange market.

Chris Ashton, Rohan Ramchandani and Richard Usher, who worked at Barclays Plc , Citigroup Inc and JPMorgan Chase & Co , respectively, were acquitted of all charges by a jury in Manhattan federal court after a trial of conspiring to violate the Sherman Act, a federal antitrust law.

(Reporting By Brendan Pierson in New York; Editing by Bernadette Baum)

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Updated Date: Oct 27, 2018 00:05 AM

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