Judge denies FX Cartel mistrial request

Judge Berman reserves making decision on defence’s motion for acquittal due to lack of evidence

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Next move: closing arguments in the FX Cartel case will begin on October 25

A New York judge denied the defence’s bid for a mistrial in the foreign exchange Cartel case on October 23, saying the circumstances presented do not meet the necessary legal standards for such action.

“That high bar is not remotely met,” District Court judge Richard Berman told the defence.

Berman’s decision came shortly after the defence attorneys rested their case. He explained that no urgent circumstance was present or any prejudice that would make it necessary to grant a new trial.


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