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The U.S. Justice Department said on Tuesday it
had criminally charged Sarao, 36, of west London, with wire
fraud, commodities fraud and manipulation.
Sarao, who was arrested by British police on Tuesday, appeared
at Westminster Magistrates' Court, where District Judge Quentin
Purdy said a full extradition hearing would take place in
August.
"This has come as a bolt from the blue for Mr Sarao," his lawyer
Joel Smith told the court.
Wearing a yellow sweatshirt and white tracksuit bottoms, Sarao
spoke in a quiet voice to confirm his name, address and date of
birth. He appeared calm as he sat in the dock a few seats away
from a security guard.
(Reporting by Michael Holden, writing by Estelle Shirbon;
editing by Stephen Addison)
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