US EditionMystery Polymarket Trader Made $400K Betting on Maduro’s Fall Hours Before US Raid: Report
An anonymous trader turned $32,500 into over $400,000 betting on Maduro’s capture just hours before the US raid, prompting calls for insider trading legislation from Rep. Ritchie Torres.
- On Saturday, a newly created Polymarket account turned a $32,537 stake into over $436,000 after Nicolás Maduro was seized in Caracas, placing four Venezuela bets last month.
- The question about Maduro being in US custody was first posted on January 3, with less than 15 bets initially, but within hours 'yes' bets surged past 99% and more than half of trading occurred the evening before the attack, with nearly $34,000 wagered between late December and January 3.
- Polymarket's rapid growth since 2020 attracted Donald Trump Jr. and nears 500,000 monthly users, while The New York Stock Exchange's parent company invests up to $2 billion amid lighter regulation than Kalshi.
- After the story broke, Representative Ritchie Torres of New York said he will introduce a bill to bar officials from insider trading on prediction markets, though some lawmakers remain hesitant.
- Anonymity and platform design pose enforcement challenges, as analysts warn these factors hinder regulators while Shayne Coplan says incentives to disclose information are a feature.
125 Articles
125 Articles
The capture of the Venezuelan president, Nicolás Maduro, generated a $400,000 profit from an anonymous user through Polymarket, a platform of predictive markets where you can bet on events of world relevance. Just before the US intervention in Venezuela, the person bet $32,000 that Maduro would be overthrown before January 31, 2026. Continue reading
One person placed a bet on the Polymarket platform and won $436,000 with the capture of Nicolás Maduro: it is believed that they were close to the operative
The bet was made just hours before the official announcement of the arrest, raising questions about possible use of inside information.
A mysterious operator made a profit of nearly US$410,000 after taking positions in a predictive market about the departure of Chavista leader Nicolás Maduro, shortly before the U.S. military operation that culminated in his capture was publicly known.According to data from Polymarket, a cryptocurrency-driven platform, the account was created in December. His first relevant purchase was made on December 27, when he purchased contracts for just US…
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KULR-TVPolymarket user wins $436k predicting Maduros downfall
An anonymous Polymarket user earned more than $436,000 by predicting the capture of Venezuelan President Nicolás Maduro by U.S. forces. However, their Polymarket account disappeared shortly after its winning bet was reported, according to multiple news outlets.
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Bias Distribution
- 36% of the sources lean Left, 35% of the sources are Center
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