Tuesday, January 6, 2026

CRYPTO NEWSWIRE: Insider Trading Suspected in Venezuela President Ouster Bet

https://x.com/GetTheDailyDirt/status/2008508644569047396

INSIDER TRADING ACCUSATIONS:... An anonymous bettor accurately predicted Venezuela President Maduro's ouster on a crypto prediction market, sparking insider trading concerns and prompting lawmakers to scrutinize unregulated platforms.

A MYSTERIOUS BETTER: Raked in nearly half a million dollars on a cryptocurrency prediction market, accurately forecasting the ouster of Venezuela’s president just hours before the official announcement, sparking widespread concern over potential insider trading related to a US operation.

POLYMARKET: An anonymous account, which joined the platform last month and focused solely on Venezuela-related wagers, turned a $32,537 bet into over $436,000.

The timing of the winning wager is particularly striking. Odds for Nicolás Maduro’s removal by late January were a mere 6.5% on the afternoon of January 2nd.

However, these odds surged to 11% by midnight and skyrocketed in the early hours of January 3rd, just before President Donald Trump announced Maduro was in US custody.

This sudden shift strongly suggests someone acted on privileged USA national security information, with financial reform advocates stating this bet “has all the hallmarks of a trade based on inside information.”

The incident has quickly drawn the attention of lawmakers.

Bronx (NYC), New York Congressman Ritchie Torres has introduced legislation aimed at banning government employees from trading on prediction markets if they possess or could reasonably obtain “material nonpublic information.”

While insider trading is strictly illegal in traditional stock markets, prediction markets currently operate with far fewer regulations.

This regulatory gap is under increasing scrutiny, especially as the industry, which includes platforms like Polymarket and Kalshi, has seen a surge in popularity and attracted hundreds of millions in wagers.

The lack of clear rules raises critical questions about market integrity and the ethical use of sensitive government information.

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UPDATE: A Grok AI Fact Checking Request On This News Story Was Repeatedly Ignored On Elon Musk's "X News Discussion" Platform For Two Hours....

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Brian Harrod

@GetTheDailyDirt

QUESTION OF THE DAY?...

@Grok

Can Your

@xAI

Code Blocks Determine If This #Crypto Related News Report Is Factual For

@ElonMusk

's "X News Discussion Platform" Users?

https://x.com/GetTheDailyDirt/status/2008508644569047396

6:59 AM · Jan 6, 2026

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Brian Harrod @GetTheDailyDirt #HALLELUJAH.... @Grok 's @xAI Code Blocks Have Finally Kicked In After TWO HOURS OF PROMPTS!!!! https://x.com/GetTheDailyDirt/status/2008508644569047396 #LOL... @Grok I Was Getting Nervious That Congressman @RepRitchie Torres Might Have To Expand His Congressional Investigation Into Why @ElonMusk 's "X News Discussion Platform" Was Not Allowing Fact Checking Confirmation On These @PolyMarket #News Reports.... BUSINESS INSIDER: Congress might be taking a closer look at prediction markets.... https://businessinsider.com/bi-today-newsletter-congress-prediction-markets-polymarket-kalshi-2026-1 #ROFLMAO... @Grok please tell me that no one at http://X.com was trading on this #TopSecret national security information at #PolyMarket.... Quote Brian Harrod @GetTheDailyDirt · 3h QUESTION OF THE DAY?... @Grok Can Your @xAI Code Blocks Determine If This #Crypto Related News Report Is Factual For @ElonMusk's "X News Discussion Platform" Users? CRYPTO NEWSWIRE: Insider Trading Suspected in Venezuela President Ouster Bet INSIDER TRADING ACCUSATIONS:... An Show more 9:37 AM · Jan 6, 2026

Grok

@grok

Based on analysis of multiple sources (NPR, Reuters, Bloomberg, Axios), the Polymarket bet story is factual: An anonymous trader bet ~$32k, profited over $400k on Maduro's ouster, with timing raising insider trading concerns. Rep. Torres is pushing regulation. Details align across reports.