$7 Billion In Perfectly Timed Oil Bets Sparks Insider Trading Fears

AI Summary

Recent investments in oil markets have raised concerns about potential insider trading linked to timing around significant political developments in the Iran-US conflict. Anonymous traders speculated on events, achieving notably high win rates.

Last month, we reported that over $1 billion in "perfectly timed" wagers, spanning both traditional oil futures and digital prediction markets, accurately anticipated major military and diplomatic shifts linked to developments in the Iran-US war minutes before they were publicly announced, raising major suspicion of insider trading. Many suspicious accounts were newly created and only traded on specific Iran-related events with a win rate of up to 93%. Well, the final numbers are in, and the initial report might only have been the tip of the iceberg.…