Suspicious Profits on Prediction Market Followed US Action in Venezuela
1 day agoBusiness
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Suspicious Profits on Prediction Market Followed US Action in Venezuela

A significant profit of over $400,000 was made on the prediction market Polymarket following news of a large-scale US strike in Venezuela and the capture of President Nicolas Maduro and his wife. This substantial gain, made on a $35,000 bet, has led to suspicions of insider trading among traders, as the market prediction for these events was very low prior to the announcement. Other users also profited, with bets peaking hours before the official announcement.

Political Bias
33%34%33%
Sentiment
35%