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Susquehanna Says It Lost Millions to Mystery Insider Traders

Susquehanna Says It Lost Millions to Mystery Insider Traders
Bloomberg Markets Monday 29 June 2026, 20:13 UTC By Ava Benny-Morrison, Bob Van Voris 1 min read
Key Points

Susquehanna Says It Lost Millions to Mystery Insider Traders Susquehanna Investment Group is attempting to unmask the identities of individuals it claims made at least $100 million trading on inside information about a Chinese government crackdown on cross-border brokerages last month. The Pennsylvania-based market-making firm, which says it was the counterparty on most of the alleged insider trades, sued 100 John Doe defendants in Manhattan federal court on Monday. Susquehanna is seeking to...

Susquehanna Says It Lost Millions to Mystery Insider Traders Susquehanna Investment Group is attempting to unmask the identities of individuals it claims made at least $100 million trading on inside information about a Chinese government crackdown on cross-border brokerages last month. The Pennsylvania-based market-making firm, which says it was the counterparty on most of the alleged insider trades, sued 100 John Doe defendants in Manhattan federal court on Monday. Susquehanna is seeking to recover more than $70 million it says it lost to what it believes is one of the largest insider-trading schemes in recent memory.
Susquehanna (LOCATION) Susquehanna Investment Group (ORG) Chinese (ORG) Pennsylvania (LOCATION) John Doe (PERSON) Manhattan (LOCATION)
Originally published by Bloomberg Markets Read original →

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