Britain's Court blocks appeal by US prosecutors seeking to extradite former HSBC trader

Court has blocked an appeal by U.S. prosecutors seeking to extradite former HSBC trader Stuart Scott to face fraud charges over allegations that he and a colleague defrauded client Cairn Energy in a $3.5 billion currency trade.

Britain's Supreme Court has blocked an appeal by U.S. prosecutors seeking to extradite former HSBC trader Stuart Scott to face fraud charges over allegations that he and a colleague defrauded client Cairn Energy in a $3.5 billion currency trade in 2011.

All avenues of appeal have been exhausted, federal prosecutors in Brooklyn told the judge presiding over the U.S. case against Scott in a letter seen by Reuters.

Scott's lawyer declined to comment when contacted by Reuters.