Polymarket Insider on Venezuela Bet Allegedly Linked to Trump’s World Liberty Financial

A Polymarket user made over $400,000 by correctly betting $32,000 that Venezuelan leader Nicolás Maduro would be captured before February. Blockchain analysis revealed potential links between the funding wallets and names resembling Steve Witkoff, co-founder of World Liberty Financial (WLFI) and a US envoy, although definitive proof is lacking. The precise timing of the bet, coupled with the fact that the WLFI token surged following the event, fueled alarms about insider trading and proximity to politically connected individuals. Separate analysis indicated that multiple insiders netted a combined profit of over $630,000 from similar bets. These events have prompted US Representative Ritchie Torres to plan legislation, the Public Integrity in Financial Predictions Market Act of 2026, to bar federal employees from trading on prediction markets using material nonpublic information.

(Source：BeInCrypto)