Two Kyiv-based hackers broke into Edgar, the database of the US Securities and Exchange Commission, and used confidential earnings reports to rack up $4.1 million in illegal trading profits in 2016, according to criminal charges filed in New Jersey. Artem Radchenko, 27, and Oleksandr Yeremenko, 27, were charged with securities fraud conspiracy, wire fraud conspiracy and other crimes. According to prosecutors, Yeremenko was the mastermind of a criminal group that included three more Ukrainians — Igor Sabodakha, Victoria Vorochek and Ivan Olefir; one Russian Andrei Sarafanov; and two residents of Los Angeles — Sungjin Cho and David Kwon. Reuters reports Ukrainian police have been unable to find Ieremenko since he was charged three years ago with stealing 150,000 non-public corporate press releases from Business Wire, Marketwired and PR Newswire.
Two Kyiv-based hackers broke into Edgar, the database of the US Securities and Exchange Commission, and used confidential earnings reports to rack up $4.1 million in illegal trading profits in 2016
