Polymarket User Profits And Disappears After Big Maduro Bet

A Polymarket account, identified as “0x31a56e,” which profited significantly from a bet predicting the removal of Venezuelan President Nicolás Maduro, has become inaccessible on the platform. The user had placed around $32,000 on Maduro's ouster just before news of his capture by US forces emerged, leading to a payout of approximately $437,000 in USDC. Data from the Wayback Machine shows the user also placed related wagers concerning US military presence and actions in Venezuela by January 31st. Shortly after receiving the winnings on January 3rd, the USDC was withdrawn from the associated Polygon blockchain address. This incident occurs amid broader concerns within the crypto community regarding insider trading and transparency on prediction markets, prompting some US lawmakers to support legislation aimed at curbing such activities on these platforms.

(Source：Cointelegraph)