"On Monday, $580 million in oil futures flooded the market in a sudden spike - with no public news to explain it - roughly 16 minutes before Trump announced a pause in strikes on Iranian power plants."
"On the Friday before the war began, an unusual surge of more than 150 Polymarket accounts placed hundreds of bets predicting a U.S. strike on Iran by the next day, according to a New York Times analysis."
"All federal employees are subject to government ethics guidelines that prohibit the use of nonpublic information for financial benefit. However, any implication that Administration officials are engaged in such activity without evidence is baseless and irresponsible reporting."
"The big picture: There's no evidence that Trump knew about the suspicious trades or that any officials were involved. More broadly, his presidency has coincided with business and investment activity involving allies, donors and family members, some of which has been historically lucrative."
Democrats are initiating investigations into possible insider trading related to Trump's decisions that affect markets. Notable instances include a $580 million spike in oil futures before a Trump announcement and unusual betting patterns on prediction platforms. A trader made significant profits betting on the capture of Venezuela's Maduro before the news broke. While anonymous accounts raise questions about insider knowledge, the White House denies any wrongdoing. Trump's presidency has seen lucrative business activities involving his family and associates, but no evidence links him to the suspicious trades.
Read at Axios
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