12-02-2025
Trader Fighting Insider Dealing Blocks US Extradition at UK Top Court
A trader accused by the US of making nearly $2 million from insider dealing won a last ditch attempt at the UK Supreme Court to block his extradition, after the country's top judges ruled that the alleged wrongdoing took place outside the US.
Joseph El Khouri, who holds dual Lebanese-British citizenship and lives in London, was facing criminal charges that he traded on inside information. US prosecutors alleged that the trader, and avid poker player, gave lavish gifts to middlemen, including expensive hotel stays in New York, and a charter yacht in Greece, in exchange for tips as part of an international insider trading conspiracy.