Kremlin Figure Arraigned in Hacking, Insider Trading Case (1)

A Russian technology executive with ties to the Kremlin pleaded not guilty to U.S. charges that he led an insider-trading ring that made millions of dollars by hacking into systems used by public companies to file quarterly earnings reports.

Vladislav Klyushin, 41, entered the plea before U.S. Magistrate Judge Marianne Bowler in Boston federal court and said he was “absolutely not guilty” to the first count in the indictment charging him with conspiracy, and not guilty to the three other counts as well. He was ordered detained pending trial, despite offering a London apartment as collateral for bail.

The judge ...