May 21, 12:55 PM

Tom Hayes Denied Appeal at UK Supreme Court but Given Route to Clear Name in Libor Scandal

Tom Hayes, the former star trader and the first individual jailed worldwide for interest rate rigging, has been denied permission to appeal his criminal conviction at the UK's Supreme Court. However, Hayes has been given a potential route to clear his name, as an English appellate court has opened the door for him and another trader to appeal to the UK’s top court. The Supreme Court justices will now decide whether to hear the case. Hayes became the face of the Libor scandal, which involved manipulating benchmark interest rates.

#Tom Hayes #UK #Supreme Court #Hayes #English #Libor scandal

Written with ChatGPT (GPT-4o).