Mystery bettor made huge windfall gambling on Maduro’s fall hours before it happened
An anonymous bettor profited over $400,000 by wagering on the downfall of Venezuelan President Nicolás Maduro just before a U.S. operation.Summary
A mystery bettor made a substantial profit of over $400,000 on Polymarket, a cryptocurrency-based betting platform, by accurately predicting the downfall of Venezuelan President Nicolás Maduro. The bettor placed wagers against Maduro remaining in power, significantly increasing their bets in the hours leading up to the U.S. military operation in Caracas. The initial investment of approximately $96 grew to a profit of $410,000, raising suspicions of insider information. Experts suggest the bettor was likely someone with prior knowledge of the operation, a practice illegal in traditional stock markets but currently unregulated on platforms like Polymarket. Following this event, Congressman Ritchie Torres plans to introduce legislation to prevent federal officials from betting on prediction markets where they possess non-public information.
(Source：The Independent)