Futu Tiger Insider Trading Scope Narrowed to 47 Accounts With $155M Profit

Haina and Citadel narrowed insider trading allegations to 47 accounts controlled by 45 individuals, totaling $155M in illicit gains, mostly based outside the US.

Woofun AI reports that U.S. options market makers Haina International and Citadel Securities have refined the scope of the insider trading lawsuit involving Futu and Tiger Brokers. After analyzing transaction data, plaintiffs identified 47 accounts managed by 45 individuals, generating an estimated $155 million in profits. The majority of these individuals reside outside the United States, primarily in mainland China and Hong Kong, with one person controlling three accounts. Profit levels ranged from hundreds of thousands to tens of millions of dollars per individual.