Insider trading suspected in the Maduro affair in Venezuela on Polymarket, possibly involving addresses associated with WLFI.
PANews reported on January 5th that, according to on-chain analysis by Andrey_10gwei, an insider allegedly placed a bet of approximately $32,000 on Polymarket hours before the Maduro incident, subsequently winning $400,000. On-chain data shows that the account was funded by two wallets that only interacted with Coinbase. The fund flow of one address traced back to addresses with ENS names "STVLU.sol" and "StCharles.sol," which deposited 252.91 SOL into Coinbase, a timing highly consistent with the insider account's receipt of funds. Furthermore, another related wallet had $11 million in transactions with an address named "StevenCharles.sol," suspected to be Steven Charles Witkoff, co-founder of World Liberty Finance.
It's worth noting that the Polymarket account withdrew approximately $440,000 in bonuses to Coinbase 18 hours prior. Within the following 14 hours, $170,000 worth of Fartcoin was transferred from Coinbase to the aforementioned STVLU.sol wallet, sparking speculation about whether insider profits were used to purchase Fartcoin. While the on-chain evidence doesn't directly prove a crime, the multiple ENS names, the highly overlapping fund flows, and the timing raise questions about the possibility of insider trading.
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