Hamas' Alleged Insider Trading: Massive Financial Windfall from Israeli Stocks
Investors potentially linked to Hamas may have profited from bets against Israeli securities in the weeks leading up to the Oct. 7 attacks, according to a report by law professors. The report highlights suspicious trading activity, including risky short-selling of Israeli stocks and options. One trader reportedly made a nearly $900 million profit by shorting shares in Israel's largest bank. The researchers found a sharp increase in short-selling just before the attacks, suggesting it was unlikely to be random chance. It remains unclear if the profits were used to fund the terrorist group.