The operation leak from Venezuela was reported by Donald Trump, the US President, as a person who has been arrested and is now in prison. As a result, there has been a resurgence of investigation into prediction markets like Polymarket.
The Venezuela Bet
Crypto experts have tracked the source of the leak that led to the arrest to a group of Polymarket accounts that heavily bet on the country’s outcomes just a few hours before the information became public. Account “0xa72DB1” wagered $5, 800 and made the bet that Maduro would be overthrown by January 31, 2026, thus winning $75, 000. Account “0x31a56e” consecutively bet on their events and then vanished from Polymarket.
Also Read: US-Venezuela Thaw Sparks Hope for Cheaper Bitcoin Mining: What to Expect in 2026?
Polymarket responds
During the investigation, the prediction market platform was highly scrutinized, and several accounts ceased communication with the authorities. However, there are still functioning accounts, one wallet, “SBet365” even placing a new bet on the Supreme Leader of Iran, Ayatollah Ali Khamenei, being ousted by January 31.
Conclusion
The Venezuela leaker incident exposes the dangers of insider trading in prediction markets. With law enforcement intensifying their efforts to weed out illicit activities, the crypto community need to lead the way in being transparent and abiding the rules if they want to keep the trust people have in these platforms.
Also Read: Why Venezuelans Are Turning to Stablecoins to Survive the 2025 Crisis
