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As US soldier is charged for alleged Maduro bets, SEC conducts strikingly low-key probe of futures and prediction markets

New York Post Fews App News Provider
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Federal prosecutors in Manhattan late Thursday announced stunning charges against an Army officer who allegedly traded on classified info involving the US military operation to capture former Venezuelan strong man Nicolás Maduro – netting $400,000. Meanwhile, the Securities and Exchange Commission has taken a much quieter approach to a surge of suspicious trades in the futures and prediction markets. The legal community believes the SEC is probing well-timed, high-dollar trades that have lately capitalized on surprise news developments, though the details remain murky.

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