The seven suspicious bets on Trump that have sparked insider trading claims
Dozens of investors have made well-timed and lucrative bets on US President Donald Trump's announcements, sparking claims of insider trading. The Commodity Futures Trading Commission is investigating a series of oil trades worth $1.6bn made shortly before Trump's announcements on the Iran war.
Investors have made dozens of well-timed bets on US President Donald Trump's announcements, raising suspicions of insider trading. The Commodity Futures Trading Commission is investigating oil trades worth $1.6bn made before Trump's announcements on the Iran war. Oil futures worth $950m were bought on 7 April, less than three hours before Trump announced a ceasefire with Iran. Similarly, oil bets worth $580m were placed on 23 March, just 15 minutes before Trump posted about a potential resolution to hostilities with Tehran. These trades allowed investors to profit from sharp falls in oil prices. The trend is also seen on online prediction platforms like Polymarket, where six accounts collected $1.2m after correctly betting on US strikes on Iran.
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