Samsung office in Korea was raided yesterday over insider trading allegations.
Apparently, some Rainbow Robotics employees, including its head and CFO, used insider information about Samsung Electronics considering acquiring it to unfairly gain profits worth ~$1.9 to 2.6 million between 2022 and 2024.
Samsung finished the acquisition of Rainbow Robotics in 2025. The company makes several types of robots that can be used in manufacturing, defense, patrol, and restaurants.
ALT Samsung Electronics' Logo At MWC 2025 | Source: SamMobile
ALT Rainbow Robotics RB-Y1 Humanoid Robot | Source: Rainbow Robotics