
Are there administration insiders profiting from knowing news about the war with Iran before the public does? Recent news stories from the world of “prediction markets” seem to indicate that may in fact be happening.
Just fifteen minutes before President Donald Trump announced that the U.S. would cease targeting Iranian oil infrastructure after “productive negotiations,” someone placed a $580 million bet on the oil futures market. The trade was placed at 6:50am on March 23. Trump’s announcement came at 7:05am.
“This has got to be investigated,” says Peter Schweizer on the most recent podcast of The Drill Down. “We don’t know that it was somebody in the inner circle. It could be one of their aides. But this is the stuff that makes people cynical and rightfully makes people angry.”
Schweizer wrote the book on insider trading by Congress in 2012, “Throw Them All Out,” which led to action
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