The U.S. Securities and Exchange Commission on Monday said two defendants have agreed to pay $30 million to settle charges that they profited from trading on non-public corporate information that was hacked from newswire services.

The SEC said Ukraine-based Jaspen Capital Partners Ltd and its chief executive, Andriy Supranonok, were among more than two dozen defendants it charged in the alleged hacking scheme. It said litigation will continue against the remaining defendants.


(Reporting by Jonathan Stempel in New York; Editing by Chris Reese)

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