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Shortly before the US military launched an attack on Venezuela and President Nicolas Maduro is arrestedAn account on Polymarket did some very Investments at suspicious timing. the Prediction market They were betting on when or whether Maduro would be removed from power, with “exit by January 31, 2026” prices set. As low as $0.07 Late Friday evening. But within 24 hours of military action, a newly created account had invested tens of thousands of dollars, generating profits amounting to hundreds of thousands.
the account Created less than a week ago, invested more than $30,000 the day before the attack, and made profits of over $408,000. It was activity It has been marked on Social mediaWith people speculating that the person who placed the bet was acting on inside information and may have been working at the Pentagon. Joe Pompliano, investor and podcaster, quickly He pointed out on X that “insider trading is not only allowed in prediction markets; it is encouraged.”
There have been previous incidents that seem obvious Insider trading In prediction markets such as Calcci and Polymarket, however, companies have shown little interest in reducing such behavior. This is partly because these companies believe that the value they offer does not represent a level playing field for investors, but rather… News delivery And visions. We have reached out to Kalashi and Polymarket for comment, but have not yet received a response.