SEC.gov | SEC Obtains $30 Million From Traders Who Profited on Hacked News Releases

http://www.sec.gov/news/pressrelease/2015-191.html

” Barely a month after we froze tens of millions of dollars in illegal profits from the defendants’ trading on illegal inside information obtained from hacked news releases, we obtained a settlement with foreign traders that deprives them of their wrongful gains,” said Andrew J. Ceresney, Director of the SEC’s Enforcement Division. “Today’s settlement demonstrates that even those beyond our borders who trade on stolen nonpublic information and use complex instruments in an attempt to avoid detection will ultimately be caught.”

Justice served.

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