(Bloomberg) -- Wall Street’s main regulator sued five more Russian citizens plus four companies for their role in a computer hacking scam that generated $100 million of illicit profits from trading on nonpublic information.
The traders, ranging in age from 28 to 38, used information from yet-to-be-released earnings reports to reap about $20 million in unlawful gains, the U.S. Securities and Exchange Commission said in a statement Thursday. The regulator ordered the assets of the nine new defendants frozen. They haven’t been charged.
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