WEBVTT - US Soldier Bets, Wins $400K On Maduro Raid He Helped Execute; He's Under Arrest Now 0:00:02.600 --> 0:00:07.000 Folks, it is Friday, April twenty forth, and a story 0:00:07.040 --> 0:00:11.319 that's kind of funny, kind of shocking, and kind of 0:00:11.360 --> 0:00:15.720 surprise it doesn't happen more often. A US soldier is 0:00:15.920 --> 0:00:21.840 under arrest forgetting paid with inside information he had about 0:00:21.840 --> 0:00:24.320 the Venezuela raid. And with that, welcome to this episode 0:00:24.360 --> 0:00:26.119 of Amy and TJ. Rose. Let's just put the number 0:00:26.120 --> 0:00:29.080 out there first. They said this US Special Forces soldier 0:00:29.120 --> 0:00:33.720 made four hundred thousand dollars betting on Venezuela and the 0:00:33.840 --> 0:00:39.000 raid that captured Maduro. Your initial response to hearing the 0:00:39.080 --> 0:00:40.960 idea of something like this happened. 0:00:40.720 --> 0:00:45.360 It's appalling, It's disgusting. Really, Yes, he helped plan and. 0:00:45.520 --> 0:00:50.440 Execute the raid on Madura, and he goes online and 0:00:50.600 --> 0:00:53.159 tries to profit off of it, and that tries to 0:00:53.560 --> 0:00:58.680 is successful in profiting off of that. That is criminal. 0:00:58.720 --> 0:01:02.280 And I actually I plaud the fact that they got 0:01:02.360 --> 0:01:04.319 him and that he is being charged and he is 0:01:04.360 --> 0:01:05.840 going to face consequences. 0:01:05.880 --> 0:01:07.600 And you know who hasn't been so hard on him 0:01:07.640 --> 0:01:09.880 yet is President Trump. We'll tell you what the President 0:01:09.920 --> 0:01:12.640 said in response to this. But yes, and folks, you're 0:01:12.680 --> 0:01:14.399 hearing it and it sounds kind of shocking, and it's 0:01:14.400 --> 0:01:18.039 making headlines. But this is a thing that people have 0:01:18.120 --> 0:01:21.800 been keeping an eye on, insider trading, as it relates 0:01:21.840 --> 0:01:25.000 to war, as it relates to our military. We'll get 0:01:25.000 --> 0:01:28.759 more into that. But ropes Pier point blank. This US 0:01:28.800 --> 0:01:32.800 Special Forces soldier arrested for placing a bet on the 0:01:32.920 --> 0:01:37.000 Venezuela raid in which President Modureau was captured. This soldier 0:01:37.080 --> 0:01:41.399 made bets, probably about thirty three thousand dollars in bets, 0:01:41.480 --> 0:01:45.800 but he ends up making four hundred thousand. 0:01:45.680 --> 0:01:48.400 Dollars because he knew what was going to happen. Well, 0:01:48.480 --> 0:01:50.080 you knew when it was going to happen. 0:01:50.560 --> 0:01:53.400 Nobody's denying that add all, but. 0:01:53.520 --> 0:01:54.400 He should have made more. 0:01:54.600 --> 0:01:58.240 But do I mean you're gonna go for it, Go 0:01:58.240 --> 0:02:01.200 go for it all the way, go big a goal, 0:02:01.320 --> 0:02:03.120 almost like one certainty. 0:02:03.160 --> 0:02:05.160 He knew, Hey, this is the US Special Force. This 0:02:05.200 --> 0:02:07.040 guy who put up thirty three k I don't know 0:02:07.120 --> 0:02:10.040 what his financial situation is, but he put that money. 0:02:10.040 --> 0:02:13.520 He made four hundred grand robes. Now, you called it appalling, 0:02:13.800 --> 0:02:17.040 just the idea of it, the idea of it. But 0:02:17.120 --> 0:02:20.959 others would say he was only betting on himself. He 0:02:21.080 --> 0:02:23.440 was only betting on the United States. He wasn't betting 0:02:23.480 --> 0:02:26.240 against the United States. I'm only playing devil's advocate here. 0:02:27.320 --> 0:02:30.040 Yeah, And if you can't see this at home, because 0:02:30.040 --> 0:02:32.639 you're only listening, But I was rolling my eyes as 0:02:32.680 --> 0:02:33.680 you were saying, and that's why. 0:02:33.520 --> 0:02:36.200 I defended myself. I'm only playing devil's advocate. That's what 0:02:36.280 --> 0:02:37.880 you were hearing there and me trying to stop an 0:02:37.960 --> 0:02:40.720 argument a real one. But this guy has now been 0:02:40.800 --> 0:02:44.640 charged with unlawful use of confidential information for personal gain, 0:02:44.800 --> 0:02:48.720 theft of non public government information commodities, fraud, Why or fraud? 0:02:49.080 --> 0:02:53.960 How did he do this? Robes? These are big problems 0:02:54.240 --> 0:02:59.119 right now. Polymarket is uh, it's the largest one out there. 0:02:59.120 --> 0:03:03.400 But Robes these are apps sites that will allow you 0:03:03.480 --> 0:03:06.800 to bet on damn near anything that might happen in 0:03:06.840 --> 0:03:07.239 the world. 0:03:07.320 --> 0:03:09.880 I'll be honest, I didn't know that this existed. 0:03:09.919 --> 0:03:12.799 When I first saw the story, I thought, wait, what, 0:03:13.400 --> 0:03:14.400 how was he betting on? 0:03:14.800 --> 0:03:15.040 What? 0:03:15.560 --> 0:03:18.520 How would that even be a scenario? How would anyone 0:03:18.560 --> 0:03:21.680 have even known to create a category or a subcategory 0:03:21.919 --> 0:03:26.359 that Maduro would be I guess basically removed as president. 0:03:26.800 --> 0:03:29.720 And just the fact that there are millions of scenarios 0:03:29.720 --> 0:03:31.840 out there of what could happen in the world, from 0:03:32.200 --> 0:03:34.359 the small to the large, and you can place bets 0:03:34.360 --> 0:03:35.440 on them daily. 0:03:35.280 --> 0:03:36.040 Yes you can. 0:03:36.880 --> 0:03:40.000 This is all new to me. Is this isn't legal 0:03:40.040 --> 0:03:41.480 in every state, correct. 0:03:41.360 --> 0:03:45.320 Or every country. It's actually has to be based. Can 0:03:45.520 --> 0:03:48.040 you need a VPN to get to it. It's based 0:03:48.080 --> 0:03:50.560 somewhere else in innother countries because it's just too much 0:03:50.600 --> 0:03:52.880 regulation they would have to get through here. But folks 0:03:52.880 --> 0:03:55.720 have been after these markets and saying these need to 0:03:55.720 --> 0:03:58.400 be regulated because of things like this role. It's kind 0:03:58.400 --> 0:04:01.200 of the wild West. You've got some side information about war, 0:04:01.440 --> 0:04:03.840 and this isn't the only case of this. We'll explain. 0:04:04.120 --> 0:04:07.920 But Rose, he's got outside information. He bet he opened 0:04:07.920 --> 0:04:11.520 this they say in December of last year. The raid 0:04:11.640 --> 0:04:16.080 was what January? Yes, so he created this polymarket account, 0:04:16.080 --> 0:04:18.920 they say in December and just a matter of days. 0:04:18.920 --> 0:04:21.760 I believe it is. Before the raid he places a 0:04:21.880 --> 0:04:25.359 thirty three thousand dollars bet on several things, but mainly 0:04:25.680 --> 0:04:29.320 that Maduro would be out of office by January thirty 0:04:29.320 --> 0:04:31.600 one and lo and behold robes. He was right. 0:04:31.960 --> 0:04:33.080 Yeah, that's so shocking. 0:04:33.080 --> 0:04:35.279 But yet I believe that in total, they say he 0:04:35.360 --> 0:04:41.159 made approximately thirteen bets from December twenty seventh through January 0:04:41.200 --> 0:04:44.440 twenty six because he was involved not just in the 0:04:44.560 --> 0:04:48.120 executing of this raid, but in the planning. 0:04:47.680 --> 0:04:48.160 Of the raids. 0:04:48.240 --> 0:04:51.400 He new, he knew what was happening, when it was happening, 0:04:51.440 --> 0:04:54.480 how it was happening. And yes, that's why he was 0:04:54.520 --> 0:04:57.400 able to win a significant amount of cash. 0:04:57.560 --> 0:05:00.400 So the way they put his profit, he made at 0:05:00.440 --> 0:05:04.200 twelve one hundred percent profit. That's pretty good, twelve hundred 0:05:04.360 --> 0:05:05.159 percent return. 0:05:05.400 --> 0:05:07.080 Yeah, that's why I said he should have bet more. 0:05:07.839 --> 0:05:11.880 That's what happened. So this happens, right, Grobes, This was 0:05:12.000 --> 0:05:16.839 flagged almost immediately, right, you can this is an odd 0:05:17.560 --> 0:05:21.360 to be right, almost immediately after placing a bet that's big, 0:05:21.440 --> 0:05:23.440 is gonna get flatted And it's so specific. 0:05:23.720 --> 0:05:28.479 Yeah, I mean, seriously, was this on anyone's radar? No, 0:05:28.680 --> 0:05:31.600 it was not so for someone to place like a 0:05:31.720 --> 0:05:36.119 very large bet on something so out of the realm 0:05:36.160 --> 0:05:38.919 of possibilities, or certainly not even on anyone's mind. 0:05:39.000 --> 0:05:41.600 But you know, the president had been talking about Venezuela. 0:05:41.640 --> 0:05:44.880 You remember he was playing cute with reporters about Venezuelan. 0:05:45.120 --> 0:05:46.480 What are you gonna do? Well? I don't know, I 0:05:46.560 --> 0:05:48.320 might do some stuff. I got everything on the table, 0:05:48.320 --> 0:05:50.760 so I guess maybe that could be used as part 0:05:50.760 --> 0:05:51.360 of his defense. 0:05:52.440 --> 0:05:55.680 No, it couldn't, because he was involved specifically in the 0:05:55.720 --> 0:05:58.480 planning of when this was happening, So to say it 0:05:58.600 --> 0:06:02.000 was going to happen before specific date that was based 0:06:02.040 --> 0:06:06.279 on information he could only know, and that's classified government 0:06:06.360 --> 0:06:08.440 information that he had access to. 0:06:08.560 --> 0:06:10.120 That is wildly criminal. 0:06:10.320 --> 0:06:12.479 Okay, you're right, and this doesn't help. I was trying 0:06:12.520 --> 0:06:14.600 to make an argument on his behalf. But they say 0:06:14.640 --> 0:06:18.400 afterwards he tried to delete the account because it started 0:06:18.680 --> 0:06:21.600 rose before he was attached to the story. There were 0:06:21.640 --> 0:06:26.040 plenty of stories out there about this weird bet that 0:06:26.200 --> 0:06:29.880 was placed on this prediction market, so he started seeing 0:06:30.000 --> 0:06:33.479 coverage of what he had done and then started to 0:06:33.520 --> 0:06:35.680 go back. They said, try to delete the account, change 0:06:35.720 --> 0:06:38.440 the email that was associated with account. So they said 0:06:38.480 --> 0:06:39.560 he tried to cover it, and that. 0:06:39.520 --> 0:06:41.880 Makes obviously him look even more guilty. Although I can't 0:06:41.880 --> 0:06:44.120 even imagine he would have a defense of any kind 0:06:44.200 --> 0:06:46.840 given the access he had to the information the bet 0:06:46.880 --> 0:06:50.839 he's specifically placed. It's just kind of they say, smoking gun. 0:06:50.880 --> 0:06:53.400 This one is just like the flames are shooting out 0:06:53.400 --> 0:06:53.880 of this gun. 0:06:54.160 --> 0:06:56.800 It's very obvious what happened. 0:06:56.880 --> 0:07:00.000 But now I am going to actually rescind what I said. 0:07:00.120 --> 0:07:04.400 Oh before, he should have just done a small bet. Yeah, why, 0:07:04.680 --> 0:07:06.960 Like that wouldn't have raised too many He could have 0:07:06.960 --> 0:07:09.560 made a little bit of cash and probably would have 0:07:09.600 --> 0:07:10.800 been able to fly under the radar. 0:07:11.040 --> 0:07:12.920 You know what, he should have put money on the 0:07:13.040 --> 0:07:17.120 leader of Columbia being out the leader of Cuba. You know, 0:07:17.360 --> 0:07:18.280 spread it out a little bit. 0:07:18.480 --> 0:07:20.200 You know, he was going to take some losses, but 0:07:20.320 --> 0:07:22.200 then like go ahead and just have one. 0:07:22.280 --> 0:07:22.960 Oh look at that. 0:07:23.080 --> 0:07:24.880 We're talking like we've done this before. We have not. 0:07:25.080 --> 0:07:27.760 But come on, man, you can't place a bait a 0:07:27.840 --> 0:07:32.720 bet that's specific. Now they do have anonymous accounts, so 0:07:32.760 --> 0:07:35.000 your name is not attached to it, at least publicly 0:07:35.040 --> 0:07:35.760 when you see. 0:07:35.600 --> 0:07:37.640 It, but you know someone's going to go after and 0:07:37.680 --> 0:07:40.480 look for somebody who makes that large of a sum 0:07:40.840 --> 0:07:44.240 of cash. It kind of like in reverse, don't take 0:07:44.280 --> 0:07:48.720 out like a five million dollar life insurance policy on 0:07:49.080 --> 0:07:50.560 your spouse who you're about to kill. 0:07:50.760 --> 0:07:51.360 Like, there are just. 0:07:51.320 --> 0:07:54.360 Certain things that are red flags when you go back 0:07:54.360 --> 0:07:56.160 and look at something when you have like a big 0:07:56.280 --> 0:08:00.200 number right before a major event, you're probably gonna get 0:08:00.440 --> 0:08:01.400 tied to it. 0:08:01.640 --> 0:08:04.960 Arry, Yes, this isn't really a story about insider trading 0:08:04.960 --> 0:08:06.520 so much as a story about his stupidity. 0:08:07.040 --> 0:08:10.360 Okay, Like just use your common sense, Like obviously that's 0:08:10.400 --> 0:08:13.480 going to raise eyebrows and raise red flags. And what's 0:08:13.520 --> 0:08:16.160 your excuse or defense going to be? You have none, 0:08:16.480 --> 0:08:18.160 So now you have to try to act like it 0:08:18.240 --> 0:08:18.560 wasn't me. 0:08:18.640 --> 0:08:19.200 It wasn't me. 0:08:19.640 --> 0:08:22.640 Take the email and they will digitally be able to 0:08:22.680 --> 0:08:25.480 trace you. Okay, there's no way you're getting out of it. 0:08:25.680 --> 0:08:27.960 You can't say it wasn't him, as far as the 0:08:27.960 --> 0:08:30.480 account goes and robes you were just looking before we started. 0:08:30.680 --> 0:08:34.160 He can't say it wasn't me in photos either. I mean, 0:08:34.200 --> 0:08:37.319 there's there's evident we know where he was and what 0:08:37.400 --> 0:08:41.280 he was doing. He was specifically in close proximity actually 0:08:41.440 --> 0:08:43.400 to Maduros. 0:08:43.559 --> 0:08:47.520 After the US government apprehended Maduro and transported him above 0:08:47.559 --> 0:08:52.000 the aboard the uss Ewojima, a photograph of Van. 0:08:51.880 --> 0:08:54.880 Dyke was taken and uploaded to his Google account. 0:08:55.160 --> 0:08:57.520 Okay, I mean, what do you do he was there? Okay, 0:08:57.559 --> 0:08:58.400 what do you do? Okay? 0:08:58.960 --> 0:09:01.600 During the mission Okay, that's. 0:09:01.440 --> 0:09:04.719 Been well established. We have not heard from him at 0:09:04.720 --> 0:09:06.920 this point. We have not heard from any representative of 0:09:07.000 --> 0:09:08.920 his if he has an attorney, so we don't know 0:09:08.960 --> 0:09:11.120 what his response to any of this would be. I 0:09:11.160 --> 0:09:13.440 actually don't know what the penalty is. I should look 0:09:13.440 --> 0:09:16.560 this up, but I would imagine Rose they are pretty strict. 0:09:16.720 --> 0:09:19.000 Well, you know, look, I actually did for a second 0:09:19.040 --> 0:09:20.880 feel sorry for the guy because you look and see 0:09:20.880 --> 0:09:22.760 for him to be where he is, in the position 0:09:22.840 --> 0:09:26.520 he's in US Special Forces. This is a brave, hard 0:09:26.600 --> 0:09:30.079 working dude who has risked his life for our country 0:09:30.400 --> 0:09:33.040 and is probably as sharp as they come when it 0:09:33.080 --> 0:09:35.560 comes to just his ability to do his job. And 0:09:35.640 --> 0:09:38.440 so you appreciate men and women like him who do 0:09:38.480 --> 0:09:40.000 what they do. And then you think, why did you 0:09:40.040 --> 0:09:42.839 take all that good, all that hard work, all that 0:09:43.000 --> 0:09:46.880 bravery and honor that you've I'm sure accumulated and it's 0:09:46.920 --> 0:09:49.319 been well earned over the years, and throw it all 0:09:49.400 --> 0:09:51.760 in the trash by trying to earn a quick buck. 0:09:52.040 --> 0:09:54.120 That just makes me sad for him and his family, 0:09:54.160 --> 0:09:57.120 because I'm sure he probably could be a really good, 0:09:57.200 --> 0:10:00.240 decent guy who just saw an opportunity, got to did 0:10:00.320 --> 0:10:03.199 and took it, and now his entire military career and 0:10:03.320 --> 0:10:06.839 all the good he's done is probably just now swept away. 0:10:06.960 --> 0:10:11.160 Well, you said how specialized his training is, how good 0:10:11.160 --> 0:10:13.640 he probably is at his job, how well trained. But 0:10:13.760 --> 0:10:16.360 is he well paid? This is something right robes. 0:10:16.400 --> 0:10:17.880 So that's a fair point. 0:10:18.920 --> 0:10:22.920 Military members are not well paid, and all of them Robes. 0:10:22.920 --> 0:10:25.160 They have the same issues and bills and problems and 0:10:25.160 --> 0:10:25.840 families that we do. 0:10:25.960 --> 0:10:27.880 And Babe, you know what, that's a dangerous thing to 0:10:27.960 --> 0:10:30.000 have the men and women who are putting their lives 0:10:30.040 --> 0:10:33.000 on the line, who are as sharp and as smart 0:10:33.040 --> 0:10:36.319 as they are, to be hungry for money. That leaves 0:10:36.440 --> 0:10:40.120 open a lot of opportunities for problems in misconduct when 0:10:40.160 --> 0:10:44.160 you have that sort of situation occurring, when they're not 0:10:44.240 --> 0:10:46.920 being paid enough to do the kind of job and 0:10:47.000 --> 0:10:47.520 work they do. 0:10:47.679 --> 0:10:50.040 And again i'm special for is this he probably higher 0:10:50.160 --> 0:10:52.680 up the scale than some but still that has to 0:10:53.120 --> 0:10:54.400 you think about. It was one of the first things 0:10:54.400 --> 0:10:56.320 I thought about, like, what was his situation, What is 0:10:56.360 --> 0:10:58.120 going on with him that he felt this he knew 0:10:58.120 --> 0:11:00.640 it was wrong and we don't know this at all, 0:11:00.720 --> 0:11:02.960 But rogues anytime you tell me somebody as a member 0:11:02.960 --> 0:11:05.520 of US Special Forces. I sit up straight and I 0:11:05.600 --> 0:11:08.560 respectly because we know what the hell they went through. 0:11:09.000 --> 0:11:11.120 Just a shame. I look at it like that. Really, 0:11:11.160 --> 0:11:14.040 it's maybe it was just a massive lapse in judgment. 0:11:14.600 --> 0:11:17.000 Maybe there was some need that we don't know about 0:11:17.440 --> 0:11:19.360 that motivated him beyond greed. 0:11:20.040 --> 0:11:21.199 But it's just a shame. 0:11:21.720 --> 0:11:23.319 I guess it could just be greed to. It could 0:11:23.360 --> 0:11:25.600 be that simple. Now, we did hear from the President 0:11:25.600 --> 0:11:27.800 and we heard from the Department of Justice on this. 0:11:27.960 --> 0:11:30.600 I thought they had a pretty strong statement rogues about 0:11:30.679 --> 0:11:34.400 how wrong and the two statements right, the DOJ's statement 0:11:34.400 --> 0:11:36.640 against the guy was stronger than the one the President 0:11:36.720 --> 0:11:37.960 had against the guy. 0:11:39.760 --> 0:11:42.800 All Right, the DOJ statement is this, Rather than safeguard 0:11:42.800 --> 0:11:46.440 the information as he was obligated to do, Van Dyke 0:11:46.480 --> 0:11:50.280 decided to use that classified information to place trades on 0:11:50.360 --> 0:11:54.520 a prediction market platform for his personal profit. Van Dyke 0:11:54.600 --> 0:11:57.959 subsequently tried to conceal his unlawful use of classified US 0:11:58.040 --> 0:12:01.600 government information by attempting to obscure the source of his 0:12:01.679 --> 0:12:05.360 unlawful proceeds and to disguise his connection to the accounts 0:12:05.440 --> 0:12:07.199 linked to the illicit trades. 0:12:07.400 --> 0:12:10.120 Ah, that sounds pretty strong, pretty straightforward. But what do 0:12:10.280 --> 0:12:14.600 you think about it, mister President? When asked yesterday about this. 0:12:14.679 --> 0:12:18.880 Situation, he says, that's like Pete Rose betting on his 0:12:18.920 --> 0:12:21.160 own team. They kept him out of the Hall of 0:12:21.160 --> 0:12:23.439 Fame because he bet on his own team. Now, if 0:12:23.480 --> 0:12:25.760 he bet against his team, that would be no good. 0:12:25.760 --> 0:12:28.840 But he bet on his own team. I'll look into it. 0:12:29.240 --> 0:12:32.280 So he's almost saying, good for him. He was betting 0:12:32.280 --> 0:12:35.680 on the United States to actually do what we set 0:12:35.679 --> 0:12:37.480 out to do, and so he's almost kind of proud 0:12:37.480 --> 0:12:38.120 of him for that. 0:12:38.520 --> 0:12:42.240 Okay, he might change his tune later, but what if 0:12:42.240 --> 0:12:44.840 he does in robes Because when I read that, the 0:12:44.880 --> 0:12:46.480 first thing came to mind, and it'll come to your 0:12:46.480 --> 0:12:51.600 mind probably as well. Kid Rock. Kid Rock and those 0:12:52.280 --> 0:12:55.920 helicopters on a training mission that flew by his hillside 0:12:55.960 --> 0:13:01.280 home in Nashville to salute him. They those soldiers were 0:13:01.320 --> 0:13:03.800 on a training mission and they were doing something that 0:13:03.880 --> 0:13:06.360 everybody admits now they shouldn't have been doing. There was 0:13:06.400 --> 0:13:08.160 an investigation and what happened. 0:13:08.360 --> 0:13:11.280 Pete heggsas said, we are not going to punish our 0:13:11.440 --> 0:13:13.000 proud members of our military. 0:13:13.120 --> 0:13:16.600 Shut the investigation down, carry on, move on, is there 0:13:16.640 --> 0:13:20.480 any chance, Robes, just that what he said there seemed 0:13:20.520 --> 0:13:24.040 to lead the way lay some groundwork, or at least 0:13:24.120 --> 0:13:27.200 give you some insight into where the President's head is 0:13:27.640 --> 0:13:30.000 on this guy, and maybe he gets a slap on 0:13:30.040 --> 0:13:32.000 the risk versus a jail sentence. 0:13:33.120 --> 0:13:34.080 I mean that's possible. 0:13:34.120 --> 0:13:36.080 That's possible because he was a part of this mission 0:13:36.080 --> 0:13:39.520 that President Trump is very proud of us. And perhaps 0:13:39.559 --> 0:13:42.679 maybe he'll address an issue that our special forces should 0:13:42.679 --> 0:13:44.640 be paid more so they aren't left to have to 0:13:45.520 --> 0:13:47.160 resort to these types of tactics. 0:13:47.440 --> 0:13:50.679 That's possible. To look, anything's possible with this administration. 0:13:51.440 --> 0:13:57.199 But this administration has been warning its own employees about 0:13:57.240 --> 0:14:01.560 this very thing. Yes, insider training when it comes to 0:14:01.640 --> 0:14:06.000 the Iran war is a big deal with big money, 0:14:06.040 --> 0:14:08.840 and it's been happening more than we even realized. We'll 0:14:08.880 --> 0:14:12.360 explain that and Robes, this soldier isn't the only one. 0:14:12.679 --> 0:14:19.120 You had three congressional candidates also placing insider trading bets 0:14:19.600 --> 0:14:20.560 on their own. 0:14:20.800 --> 0:14:31.240 Damn racist Stay here, all. 0:14:31.240 --> 0:14:33.920 Right, we continue here on Amy and TJ. Everybody get 0:14:34.000 --> 0:14:36.720 rich off this war, right, or at least trying to. 0:14:36.960 --> 0:14:39.480 Some are Robes we're talking about the one soldier who's 0:14:39.520 --> 0:14:42.880 now been arrested after making four hundred thousand dollars after 0:14:42.880 --> 0:14:45.360 placing a bet on whether or not Maduro would be 0:14:45.400 --> 0:14:49.640 removed from office. But Robes, this was March twenty third 0:14:49.800 --> 0:14:51.920 is the big one that a lot of people have 0:14:52.000 --> 0:14:54.360 pointed to, and a lot of members of Congress. There 0:14:54.400 --> 0:14:57.160 have been in some of these prediction markets. Polymarket is 0:14:57.200 --> 0:14:58.600 one cow sheet with the. 0:14:58.520 --> 0:15:00.840 Other one, I don't know about it, and Kalshi, but 0:15:00.880 --> 0:15:02.400 I don't know about any of these sites. 0:15:02.480 --> 0:15:04.160 Never seen them, never got on them. 0:15:04.240 --> 0:15:06.520 This has been a thing, Robes, and they have seen 0:15:06.880 --> 0:15:13.360 huge spikes in trading that have come in some instances, Robes, minutes, 0:15:13.440 --> 0:15:17.640 we're talking less than a half hour before the president 0:15:17.680 --> 0:15:20.320 makes an announcement about him doing something in the. 0:15:20.240 --> 0:15:21.040 World that's insane. 0:15:21.080 --> 0:15:23.640 Yes, on March twenty third, five hundred and eighty million 0:15:23.680 --> 0:15:27.160 dollars in oil stocks minutes before Trump announced he was 0:15:27.200 --> 0:15:30.560 extending the Iran deadline for opening the strait. So yes, 0:15:30.680 --> 0:15:34.160 everyone knows when President Trump says something about the strain, 0:15:34.520 --> 0:15:37.880 oil prices will either go up or down, or anything 0:15:37.880 --> 0:15:40.240 about the Iran war for that matter. And so yes, 0:15:40.360 --> 0:15:42.960 people who have inside information about what he's going to say, 0:15:43.000 --> 0:15:46.360 can jump on and quickly place a bet because they 0:15:46.440 --> 0:15:48.320 know what he's about to say, and they know what 0:15:48.360 --> 0:15:49.920 that is going to mean for the markets. 0:15:50.000 --> 0:15:52.080 They're looking into those robes we're talking. That's not the 0:15:52.120 --> 0:15:55.400 only instance of that, but times within minutes, you're talking 0:15:55.400 --> 0:15:59.120 about hundreds of millions of dollars being placed in the 0:15:59.200 --> 0:16:03.800 direction and that the President is about seeing. Nobody is 0:16:03.840 --> 0:16:07.360 policing it because there's no regulatory arm here in the 0:16:07.480 --> 0:16:11.200 United States, because these things are based in other countries, 0:16:11.280 --> 0:16:13.480 so here in the US, you're not supposed to do it. 0:16:13.680 --> 0:16:16.480 Use it, yep. I can get a VPN go around it. Now, 0:16:16.480 --> 0:16:20.240 I'm placing bets overseas that they have no way to 0:16:20.280 --> 0:16:23.360 regulate here. It's the wild West ros This is a 0:16:23.400 --> 0:16:26.800 big issue. This one was kind is this This one 0:16:26.880 --> 0:16:29.280 was kind of funny where they trying to make money necessarily, 0:16:29.320 --> 0:16:33.440 but three candidates various races around the country robes. They 0:16:33.440 --> 0:16:36.600 have now been fined and suspended from one of these 0:16:37.280 --> 0:16:39.920 Calshi is the name of this one. Another prediction website. 0:16:39.920 --> 0:16:42.720 They've been suspended robes. They were betting on their own races. 0:16:42.720 --> 0:16:44.120 It didn't look like they were trying to make big 0:16:44.160 --> 0:16:46.200 money necessarily, but trying to make. 0:16:46.040 --> 0:16:50.160 Some that's just so bizarre is that, And that's not 0:16:50.280 --> 0:16:53.120 allowed even if it's your own race. 0:16:53.160 --> 0:16:54.840 You don't know if you're gonna win or lose. 0:16:54.760 --> 0:16:57.040 But you do. One of the guys here, which I 0:16:57.080 --> 0:16:58.680 don't know which one it was, but it was a 0:16:59.120 --> 0:17:02.800 Senate candidate, brig and then by the way, yes, they 0:17:03.320 --> 0:17:04.560 did that need to be said. 0:17:04.400 --> 0:17:06.679 Well, yeah, I think it is fair to say and 0:17:06.880 --> 0:17:07.880 not shocking at all. 0:17:08.119 --> 0:17:12.840 Okay, but Virginia Senate, Canada, Texas Republican primary Canada, and 0:17:12.880 --> 0:17:15.560 Minnesota House candidate. All three of them bet on their 0:17:15.600 --> 0:17:17.960 own races. They all bet on themselves to win. But 0:17:18.040 --> 0:17:21.440 one of them bet on who would get into the race. 0:17:22.800 --> 0:17:27.080 Obviously that's his decision to make. So if he's betting 0:17:27.080 --> 0:17:28.959 on who's gonna get into the race and then he 0:17:29.040 --> 0:17:30.240 gets into the race. 0:17:30.280 --> 0:17:33.000 Ob small like I shouldn't. 0:17:33.000 --> 0:17:38.119 I'm not trying to minimize a state representative or anything 0:17:38.160 --> 0:17:40.080 like that, but these are small races. 0:17:40.160 --> 0:17:42.159 Even they have online bets. 0:17:43.040 --> 0:17:45.040 Yeah, oh yeah, you can put anything. You can bet 0:17:45.080 --> 0:17:46.960 on anything, you could there's a bet we could place 0:17:47.040 --> 0:17:48.600 a bet on when our wedding is going to be 0:17:49.440 --> 0:17:51.159 how many people are gonna be at it and we 0:17:51.200 --> 0:17:54.040 can bet anonymously and then we can go plan the 0:17:54.040 --> 0:17:58.080 wedding and then go That makes no And this is 0:17:58.119 --> 0:17:59.679 the argument that many people are making. 0:18:00.200 --> 0:18:02.560 Money, the house money. Who's giving and paying out that money? 0:18:02.600 --> 0:18:04.600 You would think they would be incentivized to make sure 0:18:04.920 --> 0:18:07.879 that people placing the bets don't have the information to 0:18:08.600 --> 0:18:11.520 then profit from those bets. 0:18:11.640 --> 0:18:14.560 I love how you're getting into the betting market. Yeah, swear. 0:18:14.640 --> 0:18:16.680 It's the wild West. You can't turn on the TV 0:18:16.720 --> 0:18:19.840 and there's not some advertisement about somebody betting something, usually 0:18:19.840 --> 0:18:22.600 sports bro. It's just exploded everywhere with these apps and 0:18:22.680 --> 0:18:24.760 online and you can have access all over the world 0:18:25.400 --> 0:18:27.399 and just money is flying. And yes they're trying to 0:18:27.400 --> 0:18:31.040 get everybody's trying to game the system and cheat and 0:18:31.160 --> 0:18:32.560 win big wow. 0:18:32.600 --> 0:18:34.880 And the White House has gotten to such a level 0:18:34.920 --> 0:18:37.159 now the White House is warning its staff. 0:18:36.920 --> 0:18:38.439 Well, yeah, that's the Yeah, they put it out right 0:18:38.480 --> 0:18:40.960 around the wrong world, told them all, hey, head's up, 0:18:41.160 --> 0:18:43.040 don't just don't do it. We want to avoid the 0:18:43.040 --> 0:18:47.200 appearance even of insider trading. So this one's not going away. Yes, 0:18:47.240 --> 0:18:50.119 the headline today is about the one soldier, but This 0:18:50.320 --> 0:18:53.600 is a big, big issue that a lot of people 0:18:53.640 --> 0:18:57.200 on Capitol Hill have been railing about. So folks, always 0:18:57.240 --> 0:18:58.720 appreciate you. Just wanted to give you a quick update 0:18:58.720 --> 0:19:00.879 as we start this Friday. Always appreciate you spending some 0:19:00.920 --> 0:19:03.639 time with us. Of course you Morning Run will be 0:19:03.680 --> 0:19:05.959 coming your way. Also, we got another episode coming up. 0:19:05.960 --> 0:19:08.199 I believe Ropes we're gonna be. Did we decide we're 0:19:08.240 --> 0:19:09.080 gonna do Rabel or not. 0:19:10.240 --> 0:19:12.240 We've been on the fence about it, but I think 0:19:12.320 --> 0:19:16.800 maybe we will, okay, because there's been new pictures, there 0:19:16.880 --> 0:19:19.560 has been new statements made, and this story that we 0:19:19.640 --> 0:19:23.320 thought was over with is just continuing to explode. 0:19:23.320 --> 0:19:25.280