Russian businessman pleads not guilty in U.S. to insider trading through hacking

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Vladislav Klyushin, owner of an information technology company with ties to the Russian government, entered his plea to conspiracy, wire fraud and securities fraud charges in federal court in Boston. A judge rejected his bail request. He was extradited from Switzerland last month following his arrest in March. Prosecutors say his company employed an ex-military intelligence officer involved in the insider trading plot and hacking schemes aimed at interfering in the 2016 U.S. presidential election. Authorities said the scheme resulted in $82.5 million in trading profits.

Source: https://www.reuters.com/world/russian-bu...022-01-05/

 

                                                      
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