this post was submitted on 18 Apr 2026
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Global News

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Suspicious wagers on the US-Israel war in Iran are creating huge windfalls and raising concerns among lawmakers

Archived version: https://archive.is/20260418111611/https://www.theguardian.com/world/2026/apr/18/iran-war-bets-ethics-concerns


Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.

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[–] BrikoX@lemmy.zip 43 points 2 weeks ago (1 children)

I don't think we ever seen this level of naked corruption.

[–] Insekticus@aussie.zone 17 points 2 weeks ago (1 children)

I'm sure they had similar levels of corruption in the Roman, French, Russian, and Germanic empires ... riiiiight before they collapsed, too.

Well, similar levels of naked corruption in what they were doing, but probably not in how much they were profiting.

[–] Mirshe@lemmy.world 3 points 2 weeks ago

The Marcos regime comes to mind too.

[–] Mulligrubs@lemmy.world 15 points 2 weeks ago

It's almost as if US reps (and select friends) are getting filthy rich on their insider information, and it's spiraling.

By the time Trump was elected, it's was already over; we live in interesting times.

Go ahead and vote, this is not a dissuasion. But, I mean, look at them. Their entire families are making a fortune. And we only know what is declared. Trump's family, Biden's family, Supreme Court justices, it's blatant.

https://www.fool.com/research/congressional-stock-trading-who-trades-and-makes-the-most/

the tip of the iceberg, many are over 10K declared trades a year.

[–] BigMacHole@thelemmy.club 15 points 2 weeks ago (1 children)

What is Going on is HUNTER BIDEN!

-Free Thinking TM NOT Sheep Republicans!

[–] foodandart@lemmy.zip 2 points 2 weeks ago

I wanna know why Jared Kushner secured a 2 billion dollar deal from his office in the White House during Trumps first term, and Trump didn't get a cut of it.

(Daddy Trump always gets his cut..)

What silence was bought with that deal?

[–] rogsson@piefed.social 9 points 2 weeks ago

Umm is that a serious question? Everyone knows what is going on. The real question is why they aren’t in death row.

[–] fisch@lemmy.world 5 points 2 weeks ago

It used to be a few tens of thousands of dollars of perfectly timed, suspicious bets. Then it became millions, the hundreds of millions, now a billion. Someone is getting greedy.

[–] Abrinoxus@lemmy.today 3 points 2 weeks ago

Crime what a silly question

[–] Pat_Riot@lemmy.today 3 points 2 weeks ago

Cheating, specifically the fixing of bets with insider information.

[–] tiredofsametab@fedia.io 3 points 2 weeks ago

Arrest, try, and hang those guilty of giving the information. Arrest, try, seize the assets of, and jail anyone who used that information. In an ideal justice system, this would apply to all forms of insider trading and betting. I'd also like to see the people running that marketplace dropped into a lava lake, but that's another matter.

[–] queermunist@lemmy.ml 2 points 2 weeks ago

And when they crash the economy they'll make more money on the way down.

[–] TheFrirish@tarte.nuage-libre.fr 2 points 2 weeks ago

Aside from insider trading, it's quite easy to predict a predictably stupid decisions from a stupid orange.

[–] Iconoclast@feddit.uk 1 points 2 weeks ago

I don't think these stats means much when they completely ignore the vastly larger group of people who guesses the dates wrong and lost money because of it.

[–] Stern@lemmy.world 1 points 2 weeks ago (1 children)

I'd be more upset if it was the stock market instead of barely regulated online casinos.