Share Tweet Pocket Add to Bookmarks
You're reading: US sentences Ukrainian hacker to 30 months for cybercrime worth $30 million
Popular
on social media

The United States authorities have sentenced Ukrainian hacker Vadym Iermolovych, 29, to two-and-a-half years in prison, three years of post-prison supervision, and restitution of $3 million for involvement in an international cybercrime scheme.

The sentence was imposed on May 22 in the Newark Federal Court, New Jersey.

Iermolovych took part in hacking into three business newswires, stealing yet-to-be published press releases containing nonpublic financial information, and then using that information to make trades that generated approximately $30 million in illegal profits.

Exclusive article

Sign up or subscribe to view more articles.
See All Plans
$5.95
Monthly plan
Get unlimited article access, anytime, anywhere.

Subscribe
$60
Yearly plan
Access all the exclusive content on KyivPost.com and the complete online archive.
Subscribe
Advertisement

Add comment

Sorry, you must be logged in to post a comment.
More in this section
Attention

Add a picture
Choose file
Add a quote
Attention

Are you sure you want to delete your comment?

Attention

Are you sure you want to delete all user's comments?

Attention

Are you sure you want to unapprove user's comment?

Attention

Are you sure you want to move to spam user's comment?

Attention

Are you sure you want to move to trash user's comment?

Spelling error report

The following text will be sent to our editors: