Daily Archives: December 20, 2021, 3:11 pm

SEC Charges Five Russians in $80 Million Hacking and Trading Scheme

The Securities and Exchange Commission today announced fraud charges against five Russian nationals for engaging in a multi-year scheme to profit from stolen corporate earnings announcements obtained by hacking into the systems of two U.S.-based filing agent companies before the announcements were made public. The filing agents assist publicly traded companies with the preparation and filing of periodic reports with…

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