To obtain insider information, such as quarterly and annual

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Vladislav Klyushin has been sentenced in Boston, Massachusetts. For his complicity in insider trading, the Russian was sentenced to nine years in prison, with forfeiture of $34 million in ill-gotten gains and restitution (the amount has not yet been determined).

According to the case materials, between ecuador whatsapp resource January 2018 and September 2020, the Moscow IT specialist and his accomplices made transactions on stock exchanges (NASDAQ, NYSE) using stolen data on the income of various companies.

earnings reports, the conspirators infiltrated the networks of two intermediary agencies that worked directly with the U.S. Securities and Exchange Commission (SEC). A special infrastructure was created to collect and steal the data, and to hide it - fake domains, proxy servers, VPNs and servers rented under pseudonyms and paid for with cryptocurrency.

The fraudulent scheme involved bank and brokerage accounts opened in Cyprus, Denmark, Portugal, Russia and the United States. The stolen information was traded before it was published, and the trade was successful, ultimately netting the accomplices $93 million. The hacking attacks cost two victims $8 million.

Klyushchin was arrested in Switzerland in March 2021 and handed over to US authorities in December. The charges brought in the US case were announced at the same time.

In February 2023, a jury found the Russian guilty of conspiracy, securities fraud, wire fraud, and computer tampering.

The convict never made any repentant speeches. The Americans have not yet managed to get hold of his accomplices.