Singaporean Accused of Insider Trading Loses Extradition Fight
Zhi Ge, the alleged leader of an international insider trading ring, lost his court challenge against a US extradition request.
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Zhi Ge, the alleged leader of an international insider trading ring, lost his court challenge against a US extradition request.
A trader convicted of insider dealing was arrested in Dubai on Wednesday after French authorities issued an arrest warrant to force him to serve a three year jail sentence, according to a government official.
Susquehanna International Group and Citadel Securities said they would drop a lawsuit alleging they lost tens of millions of dollars to insider traders as the firms finalize settlements with a number of individual defendants.
A federal judge dealt a setback to Susquehanna International Groupโs lawsuit claiming it lost tens of millions of dollars to insider trading on a Chinese regulatory crackdown, denying a request to keep the alleged tradersโ accounts frozen.