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Jailed Cybercriminals Returned To Russia in Historic Prisoner Swap

A blockbuster prisoner exchange between the United States, Russia and Germany on Thursday included at least two prominent cybercriminals held by the U.S. on charges of financially motivated cybercrime and hacking to facilitate insider trading. Cyberscoop reports: The prisoners were part of a deal th...

A blockbuster prisoner exchange between the United States, Russia and Germany on Thursday included at least two prominent cybercriminals held by the U.S. on charges of financially motivated cybercrime and hacking to facilitate insider trading. Klyushin was extradited to the U.S. for his involvement in an elaborate hack-to-trade scheme that netted approximately $93 million through securities trades based on confidential corporate information stolen from U.S. computer networks. With insider knowledge of companies' financial performance, Klyushin and his co-conspirators predicted stock price movements and traded on stolen information.

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