U.S. authorities on Jan. 15 charged a suspected Ukrainian computer hacker and several traders with involvement in a scheme to trade on market-moving corporate earnings news stolen from a U.S. Securities and Exchange Commission database.
The charges against 10 defendants, including two charged criminally, relate to a suspected 2016 hacking into Edgar, the SEC’s corporate filing system used by public companies and money managers, that led to $4.14 million of illegal trading profit.
