Mystery Trader Bets on Maduro's Fall, Makes Rs 4 Crore Overnight on Polymarket

• A mystery trader on Polymarket made over Rs 4 crore profit by betting Rs 29 lakh on Venezuelan President Nicolas Maduro's removal, just hours before US forces captured him.
• The bet was placed on Polymarket, an online prediction market, predicting Maduro would be out of office by January 31, 2026, resolving instantly after Trump's announcement.
• The timing and scale of the profit raise questions about insider trading, though no evidence of nonpublic information has been found, and the trader's identity remains unknown.
• Prediction markets like Polymarket and Kalshi are a regulatory grey area in the US, overseen by the CFTC with fewer resources than the SEC, leading to calls for stricter oversight.
• US Representative Ritchie Torres introduced a bill to bar government employees from trading on prediction markets with material nonpublic information, highlighting growing concerns.

Why It Matters: Mystery trader's Rs 4 crore profit on Maduro's fall sparks insider trading debate in prediction markets.