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  • Russian businessman goes on trial on U.S. hack-and-trade charges
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Russian businessman goes on trial on U.S. hack-and-trade charges

The Bengaluru Live 31 January 2023 1 minute read
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đŸ“˜ Read this story in Kannada

A Russian businessman with ties to the Kremlin made tens of millions of dollars trading on secret financial information obtained by hackers about multiple companies before it was public, a U.S. prosecutor said Monday at the start of his trial. Vladislav Klyushin, 42, and his associates made nearly $90 million trading stocks based on yet-to-be-announced information about hundreds of companies stolen by hackers, Assistant U.S. Attorney Stephen Frank told a federal jury in Boston.

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