A Polymarket user turned $33,000 into over $400,000 by betting on Venezuela-related events. The analysis platform Sonar Pro speculates that this user might be a "geopolitical insider." The user concentrated a large amount of funds on four Venezuela-related events, completely avoiding sports and cryptocurrency markets. On-chain tracking platform Lookonchain described this behavior as an "obvious" insider trading case. Previously, Polymarket was also scrutinized during the 2024 US election due to similar concerns.
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A Polymarket user turned $33,000 into over $400,000 by betting on Venezuela-related events. The analysis platform Sonar Pro speculates that this user might be a "geopolitical insider." The user concentrated a large amount of funds on four Venezuela-related events, completely avoiding sports and cryptocurrency markets. On-chain tracking platform Lookonchain described this behavior as an "obvious" insider trading case. Previously, Polymarket was also scrutinized during the 2024 US election due to similar concerns.