DOJ Probes Alleged Insider Trading Scheme That Stung Susquehanna

The Justice Department is currently investigating allegations made by Susquehanna International Group concerning a suspected insider trading scheme. According to sources, unknown traders reportedly earned $100 million through options bets executed prior to a recent Chinese regulatory crackdown targeting cross-border brokerages. The DOJ is looking into these claims to determine how the trades were placed and who benefited from the non-public information regarding the regulatory actions taken by Chinese authorities against the brokerages.