One Man Caused 1-Hour, $1 Trillion Dollar Stock Market Crash Without Ever Leaving His Living Room
Navinder Sarao, known as the “Hound of Hounslow,” gained notoriety for his role in the 2010 “flash crash” of the U.S. stock market, during which $1 trillion was temporarily wiped out in just 35 minutes. Operating from his parents’ home in Hounslow, London, Sarao used a trading strategy called “spoofing” to manipulate market prices. This