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Former bank trader Tom Hayes in Supreme Court appeal to clear his name after extraordinary LIBOR downfall

Tom Hayes shared cells with killers. Now he’s fighting to clear his name



Former bank trader Tom Hayes, convicted in 2015 for manipulating the yen Libor interest rate, is appealing to the UK Supreme Court to overturn his conviction after losing a previous appeal. Hayes, who served five and a half years in prison, argues the judge wrongly instructed jurors on the legality of Libor submissions seeking commercial advantage. He claims his prosecution was influenced by post-2008 financial crisis anger towards the banking industry.

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