Futu Rat Trading Suspected Accounts Rise to 310, 8 Traders Profit $80M

Suspected insider trading accounts linked to Futu surge to 310. Eight traders captured $80M in illegal gains, representing 60% of the $137M total estimated by plaintiffs.

Woofun AI reports that Futu Clearing and TradeUP have disclosed data on over 310 accounts suspected of options insider trading to lawsuit plaintiffs, up from an initial estimate of 100. Preliminary analysis indicates that eight traders generated more than $80 million in profits, accounting for nearly 60% of the $137 million in total illegal gains estimated by plaintiffs. These traders allegedly purchased short-term options related to Futu Securities and Tiger Brokers prior to regulatory improvement directives. While relevant accounts have been frozen, not all holders are formally named as defendants, and the case remains under investigation.