July 31, 2019
A New Jersey federal judge ordered Russian traders Wednesday to pay more than $78 million after they failed to respond to a suit from the U.S. Securities and Exchange Commission alleging a scheme to hack into newswires to secure a trading advantage.
February 17, 2016
The U.S. Securities and Exchange Commission on Wednesday brought more litigation over an alleged scheme to hack into newswires to secure a trading advantage, filing suit in New Jersey federal court against Russian traders who allegedly scored more than $19.5 million in illegal profits.