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  • 7 months ago
Traders profited after prediction markets anticipated the capture of Nicolás Maduro, with heavy betting activity on Polymarket surging ahead of the announcement, sparking political backlash in Washington, according to Benzinga.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Traders and speculative bettors profited from the capture of Nicolas Maduro after prediction
00:07markets anticipated his ousting, according to Benzinga. Activity surged on Polymarket
00:12late Friday as traders bet on Maduro's exit. Trump announced Maduro's capture early Saturday,
00:18confirming those market movements. A newly created account invested $33,849 on Friday
00:25and earned $436,759.61 after the announcement. Trading spiked around a market asking whether
00:33Maduro would be in U.S. custody by January 31st. Representative Richie Torres plans to propose
00:39legislation to bar federal officials from participating in prediction markets, according
00:44to Axios. The capture prompted celebrations within Florida's Venezuelan community.
00:49Senator Bernie Sanders criticized Trump's authority to act, while Secretary of State Marco Rubio
00:54warn Cuban leaders over Venezuela's security. For all things money, visit Benzinga.com.
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