A Newly Created Polymarket Account Made $436,759.61 on Nicolás Maduro’s Capture

A Newly Created Polymarket Account Made $436,759.61 on Nicolás Maduro’s Capture

Gizmodobusiness

Key Points:

  • A new account on Polymarket reportedly invested $30,000 betting on the removal of Venezuelan president Nicolás Maduro, later winning over $400,000 after Maduro was abruptly removed by U.S. military forces.
  • The exact winnings vary by source, with Axios reporting $436,759.61 and social media archives showing $407,920.12, highlighting a significant profit from the event.
  • The Wall Street Journal noted that $56.6 million was wagered on six contracts related to Maduro’s potential departure, with $40 million focused on him leaving by the end of 2023, which ultimately did not happen.
  • The sudden surge in bets on Maduro’s removal shortly before the event raises concerns about the possibility