Peace's spokesperson declined to comment. A spokesman for the Department of Justice's Washington-based Fraud Section, which led the Libor prosecutions, did not immediately respond to a request for comment. An attorney representing Sindzingre did not reply to a similar request. The move by prosecutors comes after court rulings undermined several cases alleging traders at the world's largest financial institutions rigged the lending benchmark, which was phased out last year. The 2nd U.S. Circuit Court of Appeals ruled in 2021 that Bescond could fight the charges from France, rather than travel to the United States. The same appeals court reversed the convictions of two Deutsche Bank AG traders last year and two London-based Rabobank traders in 2017. Two Deutsche Bank traders who cooperated with prosecutors had their guilty pleas reversed by judges last August, and traders from other banks are seeking to do the same. Libor-rigging investigations resulted in about $9 billion of fines worldwide for banks. SocGen agreed in June 2018 to pay $750 million of fines to settle U.S. criminal and civil Libor-rigging charges.
The case is U.S. v. Sindzingre et al., U.S. District Court, Eastern District of New York, No. 17-00464. (Reporting by Jody Godoy in New York; editing by Jonathan Oatis)
