DOJ arrests soldier who made $400,000 betting on Maduro's removal: Sources
A US special forces soldier was arrested for allegedly making over $400,000 by betting on the removal of Venezuelan President Nicolas Maduro from office. The soldier was involved in the capture of Maduro and placed bets on Polymarket hours before President Donald Trump announced Maduro's capture.
A US special forces soldier was arrested for allegedly making over $400,000 by betting on the removal of Venezuelan President Nicolas Maduro. The soldier was directly involved in the high-stakes military operation that resulted in Maduro's capture and placed a series of bets on Polymarket, including whether Maduro would be removed from office by Jan. 31. The bets netted over $409,000 and prompted scrutiny within the world of prediction markets. The arrest is believed to be the first instance of the Department of Justice prosecuting a case of insider trading on a prediction market. The soldier's actions have sparked concerns about insider trading on platforms like Kalshi and Polymarket. US Attorney Jay Clayton confirmed that prosecutors were actively looking at ways to potentially prosecute individuals who manipulate prediction markets.
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