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Crispin Odey Withdraws £79M Libel Claim Amid Scandal

4/11/2026

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Story summary
  • Crispin Odey has withdrawn his £79m libel claim against the Financial Times over sexual misconduct allegations.
  • The allegations involve 20 women across five decades.
  • Odey, 67, was removed from Odey Asset Management and given a provisional industry ban.
  • The Financial Conduct Authority says Odey obstructed the disciplinary process and was deemed not a fit and proper person.
  • The Financial Times editor called the outcome a vindication for investigative journalism.