How to get rich with inside information


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Posted by mh on January 06, 2026 at 13:23:47

In Reply to: It's Paul SInger, Russ posted by mh on January 06, 2026 at 12:48:02

NOTE: I wouldn't call him "a gambler".
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A gambler made nearly half a million dollars on the capture of Venezuela's president just before it was officially announced, raising questions about whether someone profited from inside knowledge of the US operation.

Wagers on Polymarket, a crypto-powered platform, that Nicolįs Maduro would be out of power by the end of January rose in the hours before President Donald Trump announced on Saturday the Venezuelan leader had been seized.

One account, which joined the platform last month and took four positions, all on Venezuela, made more than $436,000 (£322,000) from a $32,537 bet.

It remains unclear who placed the bet. The anonymous account had a blockchain identifier of letters and numbers.

Polymarket data shows traders put the odds of Maduro's exit at just 6.5% in the afternoon of Friday 2 January.

But they had jumped to 11% by shortly before midnight and surged in the early hours of 3 January, indicating a sudden change in positions just before Trump posted on Truth Social that Maduro was in US custody.

Polymarket did not immediately respond to a request for comment.



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