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On Monday, Aug. 3, Tom Hayes was convicted and sentenced to 14 years of imprisonment for his part in the manipulation of the London Interbank Offered Rate (Libor).
On Monday, Aug. 3, Tom Hayes was convicted and sentenced to 14
years of imprisonment for his part in the manipulation of the
London Interbank Offered Rate (Libor). The result has attracted
attention because it was the first prosecution brought by the U.K.
Serious Fraud Office on allegations of benchmark manipulation.
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