The fate of Navinder Singh Sarao, known as the trader whose actions may have helped cause the 2010 flash crash, will not be decided until 2016 after his London extradition hearing was adjourned Friday.
Sarao, who was arrested by U.K. authorities in April, amassed a nearly £30 million fortune. But rather than snapping up a luxury Mayfair bachelor pad, still lived with his parents in a three bedroom house on a nondescript street in suburban London.
Sarao, who was wearing a light grey suit, pink shirt and dark tie, spoke only to confirm his name, address and that he doesn't accept extradition.
At the hearing in central London Friday, new allegations against Sarao by U.S. prosecutors claim that his allegedly criminal behavior started six months earlier than previously claimed.
The hearing was postponed until the first week of February 2016.
Sarao's lawyers, who were missing their lead counsel Friday due to an injury, argue against extradition on the grounds of his recently diagnosed severe Asperger's Syndrome, a form of autism which often affects people with high intelligence, and that his current "mental health was fragile. They also argue that Sarao's conduct, as it is described in U.S. court filings, does not amount to a criminal offence in the U.K.
If forced to go to the U.S., he will face 22 counts of fraud and commodity manipulation, carrying a maximum of 380 years in jail. The U.S. is generally viewed as a harsher environment for white collar crime than the U.K.