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DOJ arrests soldier who made $400,000 betting on Maduro's removal: Sources

DOJ arrests soldier who made $400,000 betting on Maduro's removal: Sources

Summary

The U.S. Department of Justice arrested a special forces soldier who placed bets totaling more than $33,000 on prediction markets about the removal of Venezuelan President Nicolas Maduro. The soldier, involved in Maduro’s capture, reportedly made over $400,000 using inside information before the event was publicly announced by President Donald Trump.

Key Facts

  • A special forces soldier involved in capturing Nicolas Maduro was arrested by the DOJ.
  • The soldier placed bets on Polymarket predicting Maduro’s removal from office.
  • The bets were made just hours before President Trump announced Maduro’s capture.
  • The soldier wagered over $33,000 and earned more than $400,000 in profit.
  • This case may be the first insider trading prosecution related to prediction markets.
  • Polymarket allows users to bet anonymously on future events using yes/no questions.
  • The capture of Maduro happened during a U.S. military operation called "Operation Absolute Resolve."
  • Similar suspicious betting activity on prediction markets has raised concerns about insider trading.
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