A $400,000 payout after Maduro’s capture is putting prediction markets in the spotlight

Prediction markets let people wager on anything from a basketball game to the outcome of a presidential election — and recently, the downfall of former Venezuelan President Nicolás Maduro.

The latter is drawing renewed scrutiny into this murky world of speculative, 24/7 transactions. Last week, an anonymous trader pocketed more than $400,000 after betting that Maduro would soon be out of office.

The bulk of the trader’s bids on the platform Polymarket were made mere hours before President Donald Trump announced the surprise nighttime raid that led to Maduro’s capture, fueling online suspicions of potential insider trading because of the timing of the wagers and the trader’s narrow activity on the platform.

Read more from the Associated Press.