A Boring Dystopia

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109

Millions worth of prediction market bets placed on US airstrikes on Iran (www.independent.co.uk)

submitted 1 day ago by supersquirrel@sopuli.xyz to c/aboringdystopia@lemmy.world

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[–] chicken@lemmy.dbzer0.com 2 points 14 hours ago

The article is insinuating that inside information was used to make money on the specific date:

Now there are suspicions that other insiders used the Iran strikes to get rich. Six accounts on Polymarket reportedly won approximately $1.2 million by predicting the U.S. would launch a strike on Iran on February 28, according to CoinDesk.

The other example is more convincing though:

When the U.S. captured Venezuelan President Nicolas Maduro in January, an individual with a relatively new account pumped $30,000 into a bet that Maduro would be ousted. Hours later, the Trump administration captured Maduro, earning the gambler more than $436,000.