Day: September 8, 2023

Written by FinCrime

Russian Hacker Gets Nine Years in Prison for US Insider Trading

Reported by Chris Dolmetsch A Russian man with ties to the Kremlin was ordered by a US judge to serve nine years in prison for leading an insider-trading ringthat earned tens of millions of dollars by hacking into systems used by public companies to file earnings reports. Vladislav Klyushin, 42, was sentenced Thursday by US District […]

Written by FinCrime

The Dangerous Loophole in Western Sanctions on Russia

Reported by Jeffrey A. Sonnenfeld and Michal Wyrebkowski (Shortened version of original report is presented below) The economic blockade of Russia has proven effective thanks to a combination of government sanctions and the exit of over 1,100 multinational firms from the country. However, President Putin’s war campaign persists, partly because he can tap into the […]