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Trader’s Case Tests DOJ’s Oversight of Global Currency Market

Trader’s Case Tests DOJ’s Oversight of Global Currency Market

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A London hedge fund’s big bet on the outcome of a South African party leadership election has netted it more than $20 million. Six years later, the trader who placed the bet faces criminal charges in Manhattan, where prosecutors say he manipulated the foreign exchange market to get his paycheck.

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Eleon

With a penchant for words, Eleon Smith began writing at an early age. As editor-in-chief of his high school newspaper, he honed his skills telling impactful stories. Smith went on to study journalism at Columbia University, where he graduated top of his class. After interning at the New York Times, Smith landed a role as a news writer. Over the past decade, he has covered major events like presidential elections and natural disasters. His ability to craft compelling narratives that capture the human experience has earned him acclaim. Though writing is his passion, Eleon also enjoys hiking, cooking and reading historical fiction in his free time. With an eye for detail and knack for storytelling, he continues making his mark at the forefront of journalism.
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