Tom Hayes, the first trader ever jailed for interest rate rigging, had his conviction overturned by Britain's top court on Wednesday after a years-long fight to clear his name. The UK Supreme Court unanimously allowed Hayes' appeal,

Tom Hayes, the first trader ever jailed for interest rate rigging, had his conviction overturned by Britain’s top court Wednesday after a years-long fight to clear his name.

Four traders are appealing to have their rate-rigging convictions overturned after the Supreme Court quashed two rate-rigging cases on Wednesday. Jay Merchant, Jonathan Mathew, Philippe Moryoussef, and Christian Bittar are seeking acquittal following the victory of traders Tom Hayes and Carlo Palombo.