Susquehanna and Citadel Cut Suspect Accounts to 47 in Futu, Tiger Options Insider Case; $155 Million Profit
Susquehanna International and Citadel Securities have narrowed the suspect accounts in an insider-trading investigation into Futu Holdings and Tiger Brokers options from over 310 to 47 accounts controlled by 45 individuals. The average profit per account is about $3.3 million, with some individuals earning tens of millions. The plaintiff previously estimated total profits at about $137 million, including over $80 million from eight traders. The trades occurred in May 2026 before the public release of the alleged Chinese regulatory action.
Susquehanna International and Citadel Securities, U. S. options market makers, have narrowed the scope of suspect accounts in an insider-trading investigation involving U. -listed options of Futu Holdings and Tiger Brokers, cutting the list from more than 310 originally identified accounts to 47 accounts controlled by 45 individuals. The average profit per account is about $3.3 million, with some individuals realizing profits in the tens of millions of dollars. The plaintiff had previously estimated total insider-trading profits at approximately $137 million, of which eight traders collectively accounted for more than $80 million. The investigation focuses on trades executed between midnight Eastern Time on May 7, 2026, and 4:33 a. m. on May 22, 2026, a period the plaintiff says preceded the public disclosure of the relevant Chinese regulatory action. All options analyzed are put options on Futu or Tiger with less than 30 days to expiration at the time of purchase.