Russian Tech Exec Swapped in $93M Hacking Scheme
Summary
In a stunning $93M hacking scheme, Russian tech exec Vladislav Klyushin was arrested, convicted, and later swapped in a prisoner exchange after hacking financial firms for insider trading.
Key Points
- Vladislav Klyushin, a Russian tech executive, was involved in a massive insider trading scheme that netted $93 million by hacking into financial firms to steal confidential earnings reports.
- Klyushin was arrested in Switzerland in 2021, extradited to the U.S., convicted, and sentenced to 9 years in prison for his role in the scheme.
- In August 2024, Klyushin was part of a prisoner swap between the U.S. and Russia, being exchanged along with an assassin and spies to secure the release of Americans held in Russia.