Hedge Fund Wins Bid to Block Quant Fraudster’s Deportation

(Bloomberg) A London quant analyst convicted of stealing millions of pounds worth of secret algorithmic trading strategies has been stopped by his former employer, Trenchant Ltd., from being deported to China.

Judge Antony Zacaroli ruled that Ke Xu must surrender his passport until he discloses what he has done with the stolen information. The U.K. Home Office wants to deport Xu, who is being held at a facility near Heathrow Airport, as soon as possible.

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