$7 Billion In Perfectly Timed Oil Bets Sparks Insider Trading Fears
Last month, we reported that over $1 billion in "perfectly timed" wagers, spanning both traditional oil futures and digital prediction markets, accurately anticipated major military and diplomatic shifts linked to developments in the Iran-US war minutes before they were publicly announced, raising m
Last month, we reported that over $1 billion in "perfectly timed" wagers, spanning both traditional oil futures and digital prediction markets, accurately anticipated major military and diplomatic shifts linked to developments in the Iran-US war minutes before they were publicly announced, raising major suspicion of insider trading. Many suspicious accounts were newly created and only traded on specific Iran-related events with a win rate of up to 93%. Well, the final numbers are in, and the initial report might only have been the tip of the iceberg.…