Chap beats rap in WhatsApp zap flap: Russian banker walks from insider trading case after deleting software

Chap beats rap in WhatsApp zap flap: Russian banker walks from insider trading case after deleting software

A Russian banker has been found not guilty of destroying evidence after he deleted a copy of WhatsApp from his phone before handing it over to police.


Konstantin Vishnyak, 42, was cleared by Southwark Crown Court in London, England, on one count of destroying documents related to an allegation of insider trading. A dodgy trading charge was also dropped.


Prosecutors had sought the conviction after Vishnyak deleted the app, and its encrypted chat logs, from his smartphone shortly after being arrested in 2018.


It was reported that Vishnyak, formerly of VTB Capital, deleted the app and messages from his iPhone – one of two handsets he gave to police – not out of fear of an investigation into insider trading, but rather in an effort to conceal his friendship with Andrei Lugo ..

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