A federal judge in Boston has sentenced a wealthy Russian businessman with ties to the Kremlin to nine years in prison for his role in a nearly $100 million insider trading scheme that relied on stolen company earnings information hacked through U.S. computer networks
to steal earnings-related filings for hundreds of companies — including Microsoft and Tesla — and then using that insider information to make lucrative trades.
— remain at large, and even though prosecutors allege in a court filing that they're still"likely sitting at their keyboards," they acknowledge that they four will likely never be extradited to the U.S. to face charges. Prosecutors say the hackers stole employees’ usernames and passwords for two U.S.-based vendors that publicly traded companies use to make filings through the Securities and Exchange Commission. They then broke into the vendors’ computer systems to get filings before they became public, prosecutors said.
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