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Browse: Home / 2019 / January / 15 / U.S. charges hacker, traders for infiltrating SEC database

U.S. charges hacker, traders for infiltrating SEC database

By Securities Docket on January 15, 2019, 11:48 am

Authorities said Oleksandr Ieremenko, 27, of Kiev, and others working with him obtained thousands of “test filings,” including roughly 157 earnings announcements, by hacking into Edgar through a Lithuanian server, and then sharing them with a network of traders.

According to the SEC, these traders, comprising eight individuals and companies in the United States, Russia and Ukraine, then reaped more than $4.1 million in illegal gains by trading on the hacked information between May and October 2016.

via U.S. charges hacker, traders for infiltrating SEC database.

Posted in Criminal, SEC, Top | Tagged Hackers

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