Summary
Prediction markets are platforms where people can bet on the outcome of events, like elections or sports games. Recently, a trader won over $400,000 by betting on the removal of Venezuelan leader Nicolás Maduro, raising questions about possible insider trading.
Key Facts
- Prediction markets allow people to place bets on different events, from sports to political outcomes.
- Nicolás Maduro, the former president of Venezuela, was captured after a raid.
- A trader won more than $400,000 by betting on Maduro's removal.
- The bets were placed on a platform called Polymarket.
- The trader's bets were placed just hours before President Trump announced the raid on Maduro.
- The timing of the trader's bets raised suspicions of insider trading.
- Polymarket did not comment on the situation.
