A Russian IT specialist with Kremlin ties was charged by federal prosecutors in Boston with leading an insider trading ring that made millions of dollars in profits by hacking into systems used by public companies to file quarterly earnings reports.
Authorities charged Vladislav Klyushin and four others with gleaning material nonpublic information about company performance announcements and trading ahead of the news. One of the others charged, an employee of Klyushin’s named Ivan Ermakov, 35, a former Russian military intelligence officer, was previously charged for his alleged role in hacking and an influence effort related to the 2016 presidential election, ...
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