Two Ukrainian males have been charged with hacking into computer systems of the Securities and Trade Fee to steal quarterly and annual studies of publicly traded corporations earlier than their public launch.
An indictment launched Tuesday alleges Artem Radchenko and Oleksandr Ieremenko allegedly operated the scheme in 2016 and 2017, promoting the knowledge and utilizing it to make inventory trades.
They allegedly despatched bogus emails to SEC workers purporting to be from different workers to get contained in the federal company’s community.
The method allegedly enabled them to steal hundreds of filings.
The 2 males face a number of laptop fraud, wire fraud and conspiracy counts. The court docket docket did not record an lawyer for both suspect Tuesday.
Ieremenko can be a defendant in an identical 2015 case by which hackers allegedly infiltrated newswire providers.