Insider Trading on Maduro Capture: Secret Info or Just Psychic Gambling?
KEY POINTS
- •A Polymarket account invested $30,000 just before Maduro's capture, resulting in a $436,760 payout.
- •Rep. Ritchie Torres proposed the Public Integrity in Financial Prediction Markets Act to ban insider trading by officials.
- •Experts warn that prediction markets may be exploited both for illegal gain and counterintelligence deception.
In a plot twist juicier than a Latin American telenovela, Polymarket saw a newbie drop $30,000 on Nicolás Maduro’s capture just hours before the US military snatched him up—turning a tidy $436,760 profit. That’s not all: December's player apparently hit a Google search bet streak so perfect it’d make Rain Man blush, scoring nearly $1 million from guessing top trends. Late 2025 brought bets moonwalking on OpenAI’s release schedules, too. Gambling consultant Dustin Gouker basically called it government insider trading with a wink, while Cato’s Alex Nowrasteh praised it as 'a social good.' Meanwhile, Rep. Ritchie Torres wants to criminalize spy-money moves, though House votes and Trump’s autograph remain MIA. Someone call Mulder and Scully—'truth' is shaking hands with 'bucks' on the prediction market dance floor.
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Source: Axios | Published: 1/5/2026 | Author: Nathan Bomey