On January 4, blockchain analytics firm LookOnChain reported that three insider wallets on Polymarket placed large bets on Venezuelan President Nicolás Maduro stepping down just hours before his arrest — raking in a combined $630,484 in profits. The wallets were pre-created and funded days prior. Notably, the trio only bet on Venezuela- and Maduro-related events, with no other betting activity — amounting to a clear insider trading case. Bet breakdown: – Wallet 0x31a5: Wagered $34,000 → Profited $409,900 – Wallet 0xa72D: Wagered $5,800 → Profited $75,000 – Wallet SBet365: Wagered $25,000 → Profited $145,600
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