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‘Mind-blowing corruption’: traders placed massive bets minutes before Trump post on Iran (therealnews.com)

submitted 3 months ago* (last edited 3 months ago) by btaf45@midwest.social to c/usa@midwest.social

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“Who was it? Trump? A family member? A White House staffer?” asked US Sen. Chris Murphy.

“It’s Monday morning, there’s no important data today, there aren’t any Fed speakers you’d want to front-run. It’s an unusually large trade for a day with no event risk,” the trader said. “Somebody just got a lot richer.”

A BBC review of market data similarly found that “traders bet hundreds of millions of dollars on oil contracts just minutes before” Trump’s announcement of talks with Iran. Iranian officials publicly denied that they are negotiating with the Trump administration, and Iran’s top lawmaker accused the US president of peddling “fake news” in an attempt to “manipulate the financial and oil markets.”

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[–] btaf45@midwest.social 8 points 3 months ago (1 children)

There were never any 'talks with Iran'. That was Trump peddling fake news. It's a sad day when Iran has way more credibility than the US president. Now we know why -- to enrich himself, his family, and his friends.

I remember a time when Americans were furious when they found out the president told them even a small lie. Now pathological liar Trump lies practically every word that comes out of his mouth, and someone makes huge sums of money directly off the lie.

MAKING AMERICA NOT SO GREAT AGAIN

[–] unmagical@lemmy.ml 2 points 3 months ago

If we are to recover as a nation in any significant capacity after this, restitution must necessarily include seizure of I'll gotten gains from the Trumps and their cronies.