Maduro Capture: Trader Bets ₹27 Lakh, Wins ₹3.9 Crore, Sparks Insider Trading Questions

World
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Moneycontrol•05-01-2026, 08:31
Maduro Capture: Trader Bets ₹27 Lakh, Wins ₹3.9 Crore, Sparks Insider Trading Questions
- •A Polymarket trader placed a ₹27 lakh ($30,000) bet on Venezuelan President Nicolas Maduro's exit from power.
- •Within 24 hours, after the US captured Maduro, the bet paid out ₹3.9 crore ($436,759.61).
- •The timing of the bet, placed shortly before the US operation, raised suspicions of insider trading.
- •Another trader reportedly profited by observing unusual late-night Domino's Pizza orders near the Pentagon.
- •US Representative Ritchie Torres plans legislation to regulate political betting, targeting officials with nonpublic information.
Why It Matters: A massive Polymarket win on Maduro's capture sparks insider trading concerns and prompts calls for regulation.
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