Hamas' Alleged Million-Dollar Profits from Israeli Share Market Attack
TL;DR Summary
Israeli regulators are investigating a report that suggests investors made millions of dollars by short-selling Israeli stocks just days before the Oct. 7 Hamas attack. Traders placed bets against the value of Israeli stocks, leading to a significant spike in short selling. Professors from NYU and Columbia Law School found that traders informed about the attack profited from the tragic events. Short selling far exceeded levels seen during previous crises, including the 2014 Israel-Gaza war and the COVID-19 pandemic. Israeli law enforcement officials have not yet commented on the matter.
- Traders earned millions anticipating Oct. 7 Hamas attack, study says The Washington Post
- Israel Stunned As Hamas Allegedly Earned Billions From Israeli Share Market After Oct 7 Attack Hindustan Times
- Unknown traders appear to have anticipated October 7 Hamas attack, research finds CNN
- Did Hamas Make Millions Betting Against Israeli Shares Ahead of Attack? | Vantage with Palki Sharma Firstpost
- Tel Aviv bourse says no unusual trading ahead of Oct 7 Hamas attack Reuters
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