Rate 'rigging' traders say they were scapegoated - now the Supreme Court will decide

Former City traders Tom Hayes and Carlo Palombo, convicted for rigging interest rates, are awaiting a Supreme Court ruling amid concerns of potential miscarriages of justice. The traders argue they were unfairly scapegoated for manipulating the Libor and Euribor benchmarks, a practice they claim was common in the banking industry. As the court decides on their convictions, the cases draw attention to broader issues of interest rate manipulation involving central banks and senior officials, fueling calls for a public inquiry into the global scandal.