[U.S. SEC Investigates Alleged Insider Trading Case Involving Futu and Tiger Brokers] According to a report by Golden Finance, on July 2, sources revealed that U.S. regulators are investigating allegations made by Susquehanna International Group, claiming that unidentified insider traders profited $100 million (approximately 130 million Singapore dollars) through options trading ahead of recent regulatory actions by Chinese authorities targeting cross-border brokerages Futu and Tiger Brokers. Susquehanna Group disclosed its claims in a lawsuit filed in Manhattan federal court on June 29. The source stated that the U.S. Securities and Exchange Commission (SEC) is reviewing the transactions mentioned in the market maker's complaint. Pennsylvania-based Susquehanna alleged in the lawsuit that, as the counterparty to most of the accused insider trades, the company incurred losses exceeding $70 million. According to the indictment, these traders purchased U.S. exchange-traded options of Chinese brokerages, which later became targets of a crackdown on May 22.