Suspicious Large Bets Precede Trump's Iran U-Turn, Raising Foreknowledge Questions
Traders reportedly placed over $580 million in oil market bets, including a mystery bet of Rs 840 crore in 20 minutes, just seconds before US President Donald Trump's Iran update or U-turn, raising questions about potential foreknowledge and mirroring previous instances of profitable trades ahead of US government announcements.
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Did someone know? $580 million oil bet hit seconds before Trump’s Iran update
The timing of these trades mirrors earlier instances in recent months where large and highly profitable bets were placed on prediction platform Polymarket ahead of US military actions involving Iran and Venezuela.
By TOI BUSINESS DESK
Read full article →Who Made Rs 840 Crore In 20 Minutes? Mystery Bet On Trump's Iran U-Turn Raises Eyebrows
Several hedge funds noted that this was one of a number of examples in recent months of large trades being made ahead of official U.S. government announcements.
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