Hacked: Hacking Finance

Hacked: Hacking Finance


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SEC Brings Charges in $100 Million Newswire Hacking Scheme

Posted on February 19th, 2016.

The US Securities and Exchange Commission (SEC) has brought charges against nine new defendants involved in an international scheme that saw newswires that distribute corporate press releases hacked to facilitate an insider trading ring. In a complaint filed in the US District Court in New Jersey on Wednesday, five traders and the four...