In a significant legal action, U.S. prosecutors have announced charges against eight men implicated in a vast insider trading scheme. The network allegedly profited tens of millions of dollars by accessing confidential financial details and merger plans of numerous companies over several years.

Initiated in Boston, the legal case outlines an insider trading system led by Samy Khouadja, a former Merrill Lynch banker in France. Partners Eamma Safi, a restaurant co-owner, and Singaporean citizen Zhi Ge are also named as leaders in the operation. Currently, Safi remains in U.S. custody, while Ge awaits extradition following his provisional arrest in Singapore in 2024.

The prosecutors' allegations point to a sophisticated network that included recruiting corporate insiders and traders across

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