The US SEC is investigating an insider trading case involving Futu and Tiger Securities, with a total amount of over $100 million involved

The US SEC is investigating the insider trading case alleged by Susquehanna International Group, which involves unknown traders profiting $100 million through option trading before being regulated by Chinese regulators on Futu and Tiger Securities. In the lawsuit filed on June 29th, Susquehanna International Group stated that as the majority of the counterparties accused of insider trading, Susquehanna International Group suffered losses exceeding $70 million.