Money Stuff: The Podcast · Thursday, July 2, 2026
Susquehanna Investment Group has filed a lawsuit against 100 anonymous individuals, referred to as "John Does," alleging they engaged in insider trading against the firm through options on Chinese brokerages. The firm claims this scheme allowed traders to profit from a crackdown on cross-border trading by Chinese regulators, which caused the brokerages' share prices to plummet.
“So this week Susquehana sued one hundred anonymous people for insider trading against them. I'm like Chinese brokerage options.”
“The Susquehana is saying that this would be one of the largest insider trading schemes in recent memory. Sure if it were insider treading.”
“So Susquehanna is like, please give us the money back. And they went to court and they sued these people, but they don't knowho these people are. They just put like John Doe one through one hundred, and they sued these people, but like the real like sort of immediate object of their lawsuit is to get the court to order their brokerages to freeze their accounts and give up information about them to Susquehanna.”