Anonymous Trader Reaps Over $400,000 Profit from Maduro's Arrest

An unidentified trader has achieved a remarkable profit of approximately $410,000 following bets on the ousting of Venezuelan President Nicolas Maduro. Ahead of Maduro's capture on federal charges such as narco-terrorism, the trader invested about $34,000 in prediction market contracts on Polymarket linked to the likelihood of his removal. Following the U.S. military operation, the value of these contracts surged, further buoyed by rising stock indexes and oil prices. Legislative scrutiny into the trader's actions is expected, as a bipartisan group of lawmakers is pushing for stricter regulations regarding insider trading. Democratic Congressman Ritchie Torres plans to propose a bill preventing elected officials and federal employees from betting on prediction markets where they may possess non-public information. This incident has raised questions about the ethical implications of trading on political events, especially as the trader's account was established just prior to these significant developments.