SEC Digs Deep for $30M Foreign Whistleblower Payout

The SEC has issued its largest whistleblower reward to a foreign tipster who exposed a fraud case. The agency has not disclosed the company involved or the whistleblower's origin. The reward is determined by the amount of money collected from the fraud, serving as a significant incentive for future whistleblowers.

What is the significance of the reward mentioned by the SEC?

Why might the reward amount increase in the future?

What details are known about the fraud case that led to the reward?

What information has the SEC withheld regarding the whistleblower?

How does the SEC determine the amount of the reward?