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Tom Hayes, Libor ‘Ringleader,' Wins U.K. Appeal to Clear His Name

Tom Hayes, Libor ‘Ringleader,' Wins U.K. Appeal to Clear His Name

Tom Hayes, the former trader who became the face of the Libor scandal, won a last-ditch appeal to clear his name, undoing one of the most high-profile cases to emerge from the global financial crisis.
The U.K. Supreme Court on Wednesday quashed the landmark 2015 conviction, which saw Hayes spend more than five years in prison before he was released in 2021.
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