Caixin: Over 310 accounts locked in Futu Tiger Options insider trading case According to a report by Golden Finance, the insider trading case surrounding the US stock options of Futu Holdings (NASDAQ: FUTU) and Tiger Securities (NASDAQ: TIGR) continues to ferment, with an increasing number of suspected illegal profit-making accounts emerging. Caixin exclusively learned that TradeUP, a US brokerage entity under Interactive Brokers and Tiger Securities, has provided the plaintiff with over 280 account information, and the plaintiff has delivered litigation materials to these 280 account holders. Futu Clearing, a US clearing entity under Futu, provided the plaintiff with the identity information of approximately 30 account holders. The plaintiff is still discussing with Futu lawyers to obtain other account information, some of which is stored outside the United States. This means that at least 310 accounts suspected of insider trading in options have been identified so far. However, not all of the account holders mentioned above have been officially listed as named defendants, and participating in related transactions does not necessarily equate to being identified as engaging in insider trading. Despite involving a large number of accounts, profits are highly concentrated. The plaintiff's preliminary analysis shows that only 8 traders obtained profits of over 80 million US dollars from related transactions, accounting for nearly 60% of the plaintiff's estimated total illegal profits of 137 million US dollars. Caixin previously reported that two defendants have appeared in the first batch, namely a natural person and an investment institution. This individual previously worked for a top domestic securities firm, and his father is a well-known A-share investor named Niu San. However, a similarly named institution denied any involvement in the case with Caixin