Recent comments from U.S. President Donald Trump have intensified attention on prediction markets and potential information leaks, after several Polymarket accounts linked to early wagers on Venezuela abruptly went inactive.
In remarks made at the White House, Trump stated that the “leaker on Venezuela has been found and is in jail”, without providing further details. While no direct reference was made to betting platforms, the timing of the statement has fueled speculation about unusual trading activity tied to political outcomes.
Polymarket Wallet Activity Raises Questions
Blockchain analysts observed that multiple Polymarket accounts which profited from bets on Venezuelan President Nicolás Maduro leaving office have gone quiet. Two wallets that previously generated substantial returns — including one that reportedly turned $5,800 into $75,000 — have shown no activity for more than 11 days. Another wallet placed several Venezuela-related bets before becoming inactive in early January.
A separate account, however, remains active and has recently shifted focus to Middle East political outcomes, placing a wager on Iran’s leadership. That same account previously earned approximately $140,000 from Venezuela-related bets.
These developments come as U.S. lawmakers push for tighter controls on political wagering, citing risks of insider trading. Industry representatives argue that regulated platforms enforce identity checks and trading restrictions, while unregulated offshore markets pose greater risks.
The episode highlights growing concerns that sensitive political information may be influencing onchain betting behavior, keeping prediction markets firmly in the regulatory spotlight.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.