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DOJ Charges 30 in Global Insider-Trading Ring

5/7/2026

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Story summary
  • The U.S. Department of Justice charged 30 people in the United States, Israel and Russia for a decade-long insider-trading scheme.
  • Investigators said participants used encrypted apps, burner phones and coded terms such as “flights” and “coffee” to arrange trades.
  • FBI Special Agent Ted E. Docks noted the arrests broke a large international network of corporate lawyers and financiers, prompting U.S. Attorney Leah B. Foley to warn of tighter white-collar enforcement.