Investors are being investigated in Israel over suspicions they knew about a Hamas attack in advance.
A study suggests that some investors, betting against Israel’s economy, made significant profits through short-selling before the attack on October 7th.
Short-selling involves selling assets with the hope of buying them back at a lower price later. Researchers noted a surge in short-selling activity just before the attack, especially in Israeli company shares and an Exchange Traded Fund (ETF) tracking Israeli shares.
The Israel Securities Authority is investigating, and the study indicates substantial profits from informed trading before the tragic event. This information is sourced from the BBC.
https://www.bbc.com/news/business-67628380