Ukraine Hackers allegedly infiltrated the computer servers of PRNewswire , Marketwired and Business Wire, over a five-year period, stealing sensitive information like earnings data, prior to its release. They then fed the intelligence to Vitaly Korchevsky to trade on.
By 1999 he was working in the asset management division of Morgan Stanley, where he helped manage several Invesco American Value funds, according to Morningstar. From there he joined Victus Capital in New York and then Investment Counselors of Maryland in Baltimore. He left in 2009, two years before registering his own hedge fund, NTS Capital Fund, in Glen Mills, Pennsylvania.